
The settlement comes just over a year after former Penn State American football coach Sandusky was jailed for 30 to 60 years on 45 counts of child sex abuse.
Now aged 69, Sandusky is expected to spend the rest of his life behind bars, after being found guilty in court of molesting 10 children between 1994 and 2008.
Penn State University said 32 alleged victims had come forward demanding compensation, but that six had their claims rejected.
It announced on its website that it had agreed to pay a total of $59.7 million to the other 26.
"We hope this is another step forward in the healing process for those hurt by Mr. Sandusky and another step forward for Penn State," said the university's president, Rodney Erickson.
"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."
Comment: Hedges writes, "If a nonviolent popular movement is able to ideologically disarm the bureaucrats, civil servants and police - to get them, in essence, to defect - nonviolent revolution is possible."
This is a big 'if', given that no such movement exists. 'Revolution' is an interesting choice of word for the type of widespread political and socio-economic change that many seek: a complete revolution is a movement that takes something, in this case masses of people, from one state... all the way back around to that same state!
And here we can learn from human history that life on planet Earth is a merry-go-round: it never stops, and although it changes forms, it keeps repeating the same essential dynamics.
What it comes down to for each individual is the question: what does change mean for you? Do you REALLY want change? Are you really sick of this ride yet?