Now, concerning the computer ~ the university recommends that the students provide their own security systems for them. The equipment used for that purpose pretty much constitutes a common security system.
I doubt any charges will stick against either party.
The gay crowd will probably throw a hissy fit and threaten to jump in the river with their brother ~
The university is going to have to do SOMETHING. The gays will probably be happy to overlook any punishment of the perps (they are, after all, non-white) but they will be wanting all sorts of goodies. Probably a new raft of hate-speech codes, an endowed chair or two, more moola for the GLBT clubs and maybe an entire department.