Is there a reason you're so angry at someone who's never done anything to harm you?
I don't know if you're a lawyer, and I don't know if you've ever dealt with clients who have been bullied into signing things. I am, and I have. Your fantasy version of the perfectly rational college student making calm and collected decisions when he's being threatened with prison, from people who are his authority figures and who he assumed were there to help protect him, is ludicrous.
This disclosure won't affect whether a court ultimately determines that the contract was signed under duress. And now that there is going to be some extremely hostile press against the company (I hope), such a lawsuit may never materialize. In which case breaking the agreement may have been the smart thing to do.