$2 million over a lifetime actually isn't all that much. It's only about $50K per year for an average which is certainly not outrageous.2 million? Conceivably, over a lifetime. One million even more so, but either way the bulk of that would be eaten up in the cost of living over a lifetime. However, before one can think of such values on a life, is it money the family would have gotten from him in his lifetime? Very unlikely. Most of it would have been buying a home, car, perhaps supporting a family, and all the incidentals that make up the gross cost of living for decades. That assuming he didn't die from any other host of things in life even before graduating college.
The family even now says they have no hard feelings toward those who set it up and don't blame them. I think what happened here is that some personal injury attorney saw a potential payday and convinced the family that someone else has liability for this accident and that they should sue. They're really after the deep pockets of the university, but had to add the other kids to it to make it more legitimate.The family wants accountability and sees it in terms of dollars at the moment. Whether that makes their suit seem reasonable or not, or their evaluation of recompense appropriate remains to be seen. His GPA and and trumpet playing have nothing to do with the determination of fault, of course, and as a basis for awarding a settlement there is no reason to think those factors would amount to a life that made 2 million. Many with better scores and hobbies go no where after college, and some who did worse thrive better outside academia.
I'm sure they want what this money will not give them the fulfillment of seeing their son go through life. If they win, it changes nothing for them but seeing a punishment on people they see responsible for their son's death. One which they probably know he had a large hand in and are desperate to not want to accept. If they lose, the pain they are in is just going to be worse for them. Their son was riding where he shouldn't have been by campus direction in an area used for multiple purposes not just biking. He could have as easily badly injured someone on the way down as gotten killed as happened. I'm not connected to this so it's easy for me to say that, but I think it's something his family needs to think about to really get past this tragedy.