Social & economic costs

[J. J. in Phila]

The cost to Penn State has been, so far, $42,900,000: http://www.centredaily.com/2013/04/08/3570991/penn-states-costs-so-far-related.html

With the conference and the NCAA fines (the first installment of which has been paid), the costs should exceed $100 million.

My new estimate is $125-135 million, over five years.

 

[nittanylioness234]

There appear to be some recent rifts in the football program about the quality of players' medical care, and the treatment of the team's former doctor, Dr. Sebastianelli. As I recall, Dr. Sebastianelli was also Paterno's doctor, and was caring for him in his final days. Included in this article is a mention that the surplus of football money has dwindled, and PSU football may soon no longer be turning a profit.

http://sportsillustrated.cnn.com/co...state-athletics-power/?sct=hp_t2_a3&eref=sihp

...and a rift between a BOT and Coach O'Brien?


http://blog.pennlive.com/davidjones/2013/05/bill_obrien_responds_to_commen.html

 

[J. J. in Phila]

O'Brien responds on the medical story: http://www.centredaily.com/2013/05/15/3617862/penn-state-football-obrien-responds.html

 

[J. J. in Phila]

The running total is now at $44.4 million: http://www.centredaily.com/2013/05/21/3624146/jerry-sandusky-scandal-costs-top.html

With just the remain fines, the Sandusky Scandal will cost PSU more than $102,000,000.

 

[J. J. in Phila]

The cost to PSU is now $45.8 million. http://www.centredaily.com/2013/06/11/3648809/jerry-sandusky-scandal-rise-to.html

Just with the fines, the cost will be at least about $103.5 million.

That does not include any possible Clery Act fines, or lost revenue from bowl games.

 

[J. J. in Phila]

There is some movement on a settlement with Sandusky's victims:

http://www.centredaily.com/2013/07/12/3686090/in-important-step-penn-state-oks.html

No dollar amount mentioned.

 

[Reader]

Penn State gets report on federal Sandusky probe

http://www.centurylink.net/news/rea...ap-penn_st_gets_report_on_federal_sandusky-ap

STATE COLLEGE, Pa. (AP) — Penn State has received a preliminary report from the federal government regarding whether its handling of the Jerry Sandusky child molestation scandal complied with campus crime reporting requirements, the university said Monday.

The school said that neither it nor the U.S. Department of Education was permitted under the law to release information about the report at this time, but that details will be made public after the federal agency makes a final determination when it finishes its review........

Penn State said school officials have given federal reviewers access to the records and information they have requested to see whether the school complied with a 1990 U.S. law called the Clery Act.......

Lawmakers on Capitol Hill were expected to heavily pressure the department once the findings become public. Given the school's high profile in Pennsylvania and the potential impact of the Education Department's report, lawmakers were expected to consult with officials on what penalties could be prescribed for the university.

More at link.....

Thinking over the BBM, it seems to assume PSU did not comply and there will be penalties.

 

[Twindad]

http://www.huffingtonpost.com/2010/12/09/virginia-tech-clery-act_n_794587.html

"An expert on the Clery Act said loss of federal aid is unlikely.

S. Daniel Carter, director of public policy for Security On Campus, a nonprofit organization that monitors the Clery Act, said reviews based on the law are relatively rare and that the Virginia Tech review was the 35th in two decades. No school has ever lost federal funding, and the largest fine to be levied was $350,000 against Eastern Michigan University for failing to report the rape and murder of a student in a dormitory in 2006"

I don't know what to expect for PSU.

 

[Twindad]

http://articles.philly.com/2013-07-...andusky-spanier-university-president-graham-b
" Pennsylvania State University has reached "tentative settlements" with some victims of former assistant football coach Jerry Sandusky, bringing the school a step closer to closure regarding its involvement in the child sex-abuse scandal."
"Legal analysts have estimated that Penn State's legal liability could exceed $100 million if the cases were to go to trial."

I thought I read PSU has approved $60 million, so far.

 

[J. J. in Phila]

http://articles.philly.com/2013-07-...andusky-spanier-university-president-graham-b
" Pennsylvania State University has reached "tentative settlements" with some victims of former assistant football coach Jerry Sandusky, bringing the school a step closer to closure regarding its involvement in the child sex-abuse scandal."
"Legal analysts have estimated that Penn State's legal liability could exceed $100 million if the cases were to go to trial."

I thought I read PSU has approved $60 million, so far.

$60 million for 30 of the 35 victims.

http://www.pennlive.com/midstate/index.ssf/2013/07/sandusky_victim_settlement.html#incart_m-rpt-2

The overall cost will exceed $150,000,000. That is 50% higher than my first estimate (for those of you who though I was exaggerating).

It could break the $200 million mark.

 

[J. J. in Phila]

And it is now semi-official: http://www.centredaily.com/2013/07/18/3692539/jerry-sandusky-scandal-costs-nearing.html

It will be flirting with the $200 million mark, at least.

 

[J. J. in Phila]

And it is now semi-official: http://www.centredaily.com/2013/07/18/3692539/jerry-sandusky-scandal-costs-nearing.html

It will be flirting with the $200 million mark, at least.

Now it is official: http://www.centredaily.com/2013/07/18/3692823/penn-state-trustee-brown-60-million.html

 

[BigCat]

http://www.huffingtonpost.com/2010/12/09/virginia-tech-clery-act_n_794587.html

"An expert on the Clery Act said loss of federal aid is unlikely.

S. Daniel Carter, director of public policy for Security On Campus, a nonprofit organization that monitors the Clery Act, said reviews based on the law are relatively rare and that the Virginia Tech review was the 35th in two decades. No school has ever lost federal funding, and the largest fine to be levied was $350,000 against Eastern Michigan University for failing to report the rape and murder of a student in a dormitory in 2006"

I don't know what to expect for PSU.

Well, the good news is that we'll get to see the final report.

Rep. Thompson: Federal investigation of possible Clery Act violations at Penn State will be public

Although a preliminary report on the U.S. Department of Education’s Penn State investigation was not made public, the federal agency’s final report will be, U.S. Rep. Glenn Thompson said Wednesday.

Read more here: http://www.centredaily.com/2013/08/07/3725281/thompson-fed-probe-of-penn-state.html#storylink=cpy

The Clery Act was named after a young women who was raped and murdered at Lehigh University. Apparently the campus police and university administrators were "cooking the books" to make the campus appear safer that it actually was.

When doing some research, I came across the following paragraph from a 1990 article on the background behind the passage of the act:

They assumed that Lehigh was as safe as it looked. They didn't know about the crimes that had occurred there recently. And they didn't know about Josoph Henry, a sophomore who had lost his restaurant job because of his violent behavior and who had once thrown a rock through a coed's window. Only later did they learn of the increase in crime that had taken place on the idyllic university campus.

With only 12 security guards and 5,400 students, Lehigh had been the site of 38 violent offenses—including rape, robbery and assault—in a three-year period. "Penn State, with six times as many students, had just 24 violent crimes," says Howard. "So you can see which school has the better security system." Yet making such comparisons is often impossible since "what citizen gets the FBI crime report when they're trying to decide where their children should go to college? Who would even think about doing that?"

http://www.people.com/people/archive/article/0,,20116872,00.html

Ouch. As it turned out, Penn State's "security system" wasn't quite as good as it appeared, which is the whole point of the Clery Act. I don't see how the university avoids violations for both 1998 and 2001. Stranger things have happened, however. We'll see.

 

[J. J. in Phila]

2001 might slide, because it wasn't actually reported.

Anwar Phillips might be additional one.

 

[J. J. in Phila]

No dollar amount is given, but PSU items (tee shirts and stuff), has declined.

http://www.centredaily.com/2013/08/14/3735250/penn-state-falls-to-no-19-on-list.html

 

[Twindad]

http://lancasteronline.com/article/...im-sentenced-to-state-prison-for-robbery.html
A man not part of the trial and whom has received a settlement.

 

[Twindad]

http://lancasteronline.com/article/...im-sentenced-to-state-prison-for-robbery.html
A man not part of the trial and whom has received a settlement.

 

[nittanylioness234]

PSU issues "final monetary settlement documents" to more than 2 dozen victims:


http://www.pennlive.com/midstate/index.ssf/2013/08/post_602.html#incart_river

 

[nittanylioness234]

A "multi-million dollar" settlement has been reached with Victim 5, others expected to settle early next week:

http://www.philly.com/philly/news/20130818_Penn_State_reaches_settlement_with_Sandusky_victim.html

 

[nittanylioness234]

It's amazing to me that even now, PSU seems to be trying to protect The Second Mile from being sued by the victims, as if PSU is paying for their culpability in addition to its own. It really makes me wonder why....

"Under the terms of each settlement, the victims have agreed not to sue Penn State or Second Mile, and cede their right to sue Second Mile to the university, which plans to go to court to try to get the charity's insurer to reimburse the university for some of the claim amount..."

http://www.philly.com/philly/news/20130818_Penn_State_reaches_settlement_with_Sandusky_victim.html


I speculate that the BOT might be trying to protect the Second Mile, and may never actually collect anything from them, and may not even try. Why would they take on this liability? Who are they trying to protect, and why?