I think the handling of this case by the university administration and BOT is discussing. I think they need to get hit with the following:

1. First and most important is to criminally charge any and all administration that had knowledge of Sandusky's child molestation and cover it up and failed to report it to the proper authority as required by law. I think they should be punished to the maximum extent of the law.
2. I think the NCAA should charge the foot program with "Lack of Intitutional Control". The football program and Paterno were running that University. University rules did not apply to the football program. They need to be severely punished. They need to vacate wins for the last 2-5 years. They need a 2 year bowl ban. They need 10 scholarships removed for 3 years. They need to knock this football program down a few pegs.
3. If the administration and BOT don't take immediate action to make changes they need their accreditation pulled. The BOT needs to be screaming at the top of their lungs telling the entire nation how sorry they are this has happened and what procedures they are putting in place to make sure it never happens again. They need to show remorse. They need to start cleaning house and bring in new administration from outside Penn St to start things from scratch. No hiring of the "good ole local boys". If they made major changes and show good faith they need to be put on probation. Losing their accreditation will ruin the university. I think that is going too far if they show they are trying to do the right thing.