Penn State to make $59.7 million in settlements with Sandusky victims

October 30, 2013

Pennsylvania State University this week announced that it will be distributing $59.7 million in settlements to 26 victims of former assistant football coach Jerry Sandusky, who is serving a prison sentence of at least 30 years for raping and abusing boys, sometimes on campus. Officials say the settlement amounts will not be funded by student tuition, taxpayer funds or donations, but should be covered by university insurance policies and interest revenues from loans. The Sandusky scandal has led many universities to strengthen their rules and regulations around sexual assault reporting. Chronicle of Higher Education | Inside Higher Ed | Penn State News