The university has far more bandwidth in their connections to the Internet than 100Mbps, but they are managed so that users can all coexist. The worst place will be dorms where every yahoo wants to stream video and run torrent servers.
In that case one user can cause issues for all others on his subnet -- remember that not everyone is on the same network, it will be divided into multiple subnets and there has to be significant control in place. Heck, even my house has a backup DSL for the cable 70Mbps connection and I control user bandwidth.
In a very simple network, like one 10Mbps connection and a single 2.4GHz wireless radio at a house, one user can easily use all available bandwidth and create a situation where he and all other users have very poor connections that are slow and frequently drop users. We get those kind of questions all the time on the wireless networking forum.