In what might be a record amount for a university, Michigan State has agreed to pay $500 million to victims of Larry Nassar. That staggering figure would crush most schools, but Michigan State has decided to take the hit to get the controversy behind it. The school is in a similar position to Penn State in terms of paying out massive fees and damages while trying to keep its alumni support base. It has worked for Penn State which (like Michigan State) has a fiercely loyal base built around its football program. However, half a billion dollars could chill some donors who want their money to go to the school and not litigation.
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