Hard to pin down a figure but say $2million.
So taxpayers will pay over 5x the normal lifetime income to the victims.
I think there may be an issue with this because I think there is a lot of evil bad stuff that happens and if the government pays for all of it (the trend is to right all injustice), aren’t we risking economic collapse with these massive settlements? If this pays out, there will be more…
They aren't suing because evil bad stuff happened. They are suing because (they believe) the government caused evil bad stuff to happen.
https://www.nbcphiladelphia.com/news/local/suspect-arrested-...
Either way, this discussion doesn't matter at this point. As I already said, this is not a legal decision being handed down. These are claims by victims and the accused haven't even responded yet.
You'll note these aren't normal average Americans that were abused. For those that weren't high profile, many probably had the potential to become elite athletes were it not for the abuse. There is also an argument to be made that their endorsement opportunities were limited due to the controversy surrounding the abuse. I'm sure there is a reticence to put an athlete on your cereal box that is embroiled in a sexual abuse scandal, even though they are the victim. It's just not what you want brought to mind when your customers see your marketing material.
Money doesn’t erase the harm.
If debt to satisfy settlements, causes the currency to collapse, the settlements to the victims are useless.
The society that would ostensibly crumble under the burden of victim settlements was already lost to government that victimized its members. Remember these are the terms the government set forth for itself, which it broke.
It blows my mind that places like this even have that kind of money. Or maybe they have some sort of insurance.
Then there's the fact that any individuals responsible (besides the actual perpetrator) have no financial responsibility. The cost gets passed on to future students or other consumers of insured organizations.
While I don't know anything about legal nuances to sufficiently say its a good idea (or bad, honestly), I have to say that my armchair take is this would mitigate a lot of bad in our society, as the incentives to allow things go unnoticed or effectively ignored would be gone
>> https://en.wikipedia.org/wiki/List_of_colleges_and_universit...