That’s about a million apiece after taxes................
The money might be tax free if the settlement was meant to make them whole again. That’s the way personal injury suits work in which I have been involved. Of course the lawyer would have to get 40% off the top first.
And given the out of control sense of entitlement universities have, that $$$ is gonna ultimately come straight from the pockets of the American people. Which means we are gonna be paying in many more ways than one for that fact that they let these demons in human form do what they did for so long.
Of course, it's not their money, is it.
No member of the administration, no faculty member, will lose a penny over this. Their nice big fat tenured paychecks will go on and on.