What happened was absolutely deplorable, but I never understand why people think seeking money is the best course of action.
Money talks. Throw one or two or several officials in jail or fire them, someone else on the same page as them will take their place. "Meet the new boss, same as the old boss".
Hit them in the wallet, costing them several tens of millions of dollars and damaging their brand image, gets their attention a whole lot more and might make future leaders of an institution more cautious, less likely to do something illegal, and much more likely to jump on something and throw a guilty party under the bus if someone does something again.
Had Sandusky been fired, and thrown under the bus way back when, it would have been a minor headline for a few weeks and then outside the local area quickly forgotten by most people.
Instead, Joe Pa died with his image ruined, Sandusky is rotting in jail, and three other Penn State officials are now looking at significant jail time as well. Even for some others not facing job loss or jail time, I'm guessing quite a few people have seen future career and/or political advancement becoming considerably less likely over this.