Sex Abuse Scandal Rocks Penn State

[GMScud]

Originally Posted by SmootSmack

Could the university actually fall apart though? I mean even before all this the state government was considering cutting subsidies to PSU, for economic reasons. If they cut subsidies, if the DOE gets involved and levies fines or whatever, if there are millions of dollars in civil suits, if the application rate drops significantly...could that effectively destroy the university. Not just the football team, but the whole university

I can tell you there are already advertisers who are demanding to have their ads pulled from any game involving Penn State.

Man, that would really be sad. Certainly the best case scenario right now seems to be that the football team is a bottom feeder in the Big 10 for years to come, other athletic programs fall victim to budget cuts, and maybe certain schools/departments within the university are contracted. Once all the lawsuits get rolling, it's going to be devastating.

I heard they have a $2B endowment. They better get ready to open that wallet big time.