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The NCAA issued severe sanctions against Penn State's football program on Monday, issuing a four-year bowl ban, reducing scholarships, ordering the program to pay $60 million for the prevention of child sex abuse and victim assistance and vacating 111 of former coach Joe Paterno's wins dating back to 1998. And team members will be allowed to transfer to other FBS schools and play immediately. But the NCAA stopped short of the "death penalty" that would have suspended the program entirely. Did the NCAA overstep its bounds? Did it not punish Penn State severely enough? Or did college sports' governing body get it right?

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