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scathing report accused university officials of covering up allegations again then assistant coach jerry sandusky for more than a decade. national investigative reporter michael isikoff is awaiting the announcement at state college in pennsylvania. bruce feldman is the columnist for cbs sports. michael, you're at state college. let me start with you. what are they expecting to hear, what are they bracing for? >> well, chuck, to say people are on edge here would be an understatement. college football is so central to this school, to the entire region as an economic force that the pros...

i think that's worth keeping in mind. just for people who are going to hear terms about devastating and crippling, two years ago, usc got hit with you know, devastating sanctions. two-year postseason bowl ban, going to lose. >> the number one ranked team you're talking about? >> yeah. what's worth noting there is us c-appealed the sanctions and what that was able to do was, it let the new coach lane kiffin basically brace for the scholarship hits and back load his roster. if penn state doesn't appeal, that means the sanctions kick in right away. and then all of a sudden, you're in th...