The Chronicle of Higher Education

Michigan State Just Agreed to Pay $500 Million to Settle Sexual-Abuse Claims. Where Will It Find the Money?

May 17, 2018

Michigan State University announced on Wednesday that it had reached a settlement agreement with 332 women and girls who were assaulted by Larry Nassar, a former university physician. The terms call for $425 million to be paid to current claimants, with an additional $75 million to be set aside in a trust to pay for future claims. It awaits final approval from the parties involved.  It is unclear, however, where the money will come from, and whether taxpayers or students will ultimately be the ones who are left to pay for the settlement. 

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