Penn State trustees discuss Freeh Report, NCAA sanctions

(State College) -- The head of Penn State's Board of Trustees says she understands why many alumni are upset with the findings from the school's internal investigation of the Jerry Sandusky child sex-abuse scandal and NCAA sanctions.

But Karen Peetz reaffirmed her support for University President Rodney Erickson's decision to accept the strict penalties, including a four-year bowl ban and a $60 million fine. She urged attendees of a trustees meeting to reconsider Erickson's actions.

Former FBI Director Louis Freeh led the school investigation. Peetz says the school hopes to implement recommended changes from Freeh by the end of next year, or reasons for not incorporating any changes.

Peetz says that while the school faces financial challenges including the NCAA fine, the school's financial condition is "solid."