Penn State Hit With $60 Million Fine

The National Collegiate Athletic Association (NCAA) has hit Penn State with a $60 million fine and other severe penalties in the wake of the child sexual abuse scandal. Check out Inside Higher Ed for the whole story:

http://www.insidehighered.com/news/2012/07/23/60m-fine-4-year-bowl-ban-among-penalties-university-removes-paterno-statue