A perfect opportunity for the judge to assign them to “community service” cleaning and repairing all the damage. Then, make them pay for all the materials and related costs, not to mention expelling them from college.
I would NEVER allow another event like that to happen in my establishment without having the renters pay for a huge insurance policy prior to any occupancy.
My thoughts ran more along the lines of “Fort Benning or jail”. We don’t do that anymore although in the past it benefited any number of young punks (James Garner, R. Lee Ermey, Lee Marvin & Steve McQueen among the more well known) forcing them into manhood.