What in the world are the school’s trustees thinking?
A more charitable explanation, perhaps, involves money — or the lack thereof. These days, Oberlin College is pinched for cash. It has operated for several years at a deficit, and it has struggled, amidst a torrent of bad publicity, to meet its enrollment targets. Oberlin has shuttered several buildings to save on heating and maintenance costs. It has also announced plans to eliminate approximately two dozen faculty positions over the next few years.
It’s likely that most or all of Oberlin’s endowment assets are held in trust and are therefore unavailable for the purpose of paying a judgement. And, by virtue of being held in trust, the endowment’s assets may be protected and beyond the reach of a judgment creditor.
The final seconds of the game unfold in a way that is at once thrilling and excruciating. The noise level suggests that there may be a few thousand fans inside the gym, as opposed to the 200 actually present. Then, just at the buzzer, Oberlin sinks a three-pointer to tie the game. Whew! After this momentous reversal of fortune, the overtime period plays out as an afterthought. The Bishops have lost faith, and Oberlin pulls away to win by a margin of nine points.
http://spectator.org/road-trip-to-oberlin/