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Penn State to make $59.7 million settlement with Sandusky victims

Monday, October 28, 2013 - 00:55

Oct. 28 - A year after Jerry Sandusky was sentenced to 30 to 60 years in prison for child sex abuse, Penn State University agrees to a $59.7 million settlement with 26 of Sandusky's victims. Nathan Frandino reports.

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A new chapter in the Jerry Sandusky story. Penn State University, where Sandusky was an assistant football coach, has reached a settlement with 26 child sex abuse victims of Sandusky. The university said, in a statement, that it has agreed to pay $59.7 million to the victims. Sandusky was convicted in June 2012 on 45 criminal counts of abusing 10 boys over a 15-year period. A judge later sentenced him to 30 to 60 years in prison. The university received six additional claims, which it rejected. Officials say the settlement amounts will not be funded by student tuition, taxpayer funds or donations. University President Rodney Erickson said in the statement, quote, "We cannot undo what has been done, but we can and must do everything possible to learn from this and ensure it never happens again at Penn State."

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Penn State to make $59.7 million settlement with Sandusky victims

Monday, October 28, 2013 - 00:55