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August 1st, 2012
08:27 PM ET

Ganim: Sandusky sex abuse scandal may cost Penn State over $100M

Penn State university faces millions in costs and damages as a result of the Jerry Sandusky scandal - including $60 million in NCAA penalties, more than $10 million in investigative and public relations costs, and potentially millions more in damages for victims of Sandusky.

The school recently issued a statement saying it won't use philanthropic money, taxes or student tuition to pay those penalties, but does that promise add up?

CNN Contributor Sara Ganim is OutFront tonight.
Filed under: Crime • News
soundoff (One Response)
  1. Martin Schroeter

    Makes one wonder where Pen State will take the money from ? No tuition hike, no donations sources ? Could it be that the university will ask support from PA to cover the estimated (?) $ 100 million ?

    August 5, 2012 at 1:51 pm | Reply

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