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Dept. of Education fines Penn State $2.4 M in connection with Sandusky case

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It's the largest fine in the history of the act, the Department of Education said in a statement Thursday, announcing its findings in a report about the university's compliance with the Clery Act.

The investigation by the department's Office of Federal Student Aid began shortly after former Penn State defensive coordinator Jerry Sandusky was charged with being a serial pedophile and prosecutors said many of the crimes occurred on Penn State's campus.

"Penn State's failure to act, despite possessing sufficient evidence about the danger Sandusky posed denied many of the opportunity to be informed about serious threats to the health and safety of campus community members," says the report, which was issued almost exactly five years after Sandusky's arrest, .