Sandusky Costs Penn State $23 Million
In July, the NCAA charged Penn State $60 million for its cover-up of the Jerry Sandusky scandal. Now, add that to the $23,547,634 the University itself has spent on the case since September. Some of that went toward PR–pennies in a bucket, given PSU’s image problem. Another chunk paid for Louis Freeh’s damning investigation, which is like splurging on the world’s best hitman in order to take yourself out. But the most painful expenses incurred had to be the legal fees it paid on behalf of top officials Graham Spanier, Tim Curley, and Gary Schultz, all of whom are facing criminal charges, and bear the brunt of the responsibility for concealing the scandal in the first place. [Daily Collegian]