Roy et all....what would be the chances of a successful class action lawsuit on behalf of students and alumni alleging damages and the need for settlement? Pretty low, huh. But seriously. A PSU diploma with Spanier's name on it is a little like saying "I went to KKK University". I feel I should compensated for that.
I'm sure some clever lawyer could come up with something. Sue the university for fraud in the inducement, suggesting that you paid tuition under the understanding that the university was running a clean, moral program. Or something like that. Intentional / negligent infliction of emotional distress.
I don't think any lawsuit would be particularly successful, but it's probably possible to file something in good faith. As for a class action, I don't do them, so I don't know all the requirements; no idea if this would pass muster to get a judge to certify it as a class. Lastly, I know a lot of state universities are immune for being sued in a lot of instances, although I have no idea what Pennsylvania state law is.