This scandal opens a whole can of worms. The idea that no one fails is at the root of the problem. I haven’t heard that any of these students actually cheated on their class work so I wouldn’t agree with any attempt to take away their degree. The Government has chosen to not charge the students or the universities. I would think the universities have some culpability in this and would like to see them charged as well.
The charges for Racketeering and Tax Fraud, carry hefty penalties and should carry some jail time. The students that did the work and made the grades but didn’t get in due to this fraud, can never be made whole. I don’t see how paying the tuition for some other student compensates them.
The system for the uber rich is another matter. Donating a building improves the university and the learning experience for all students. I think that is a good thing and would hate to see that go away.
Bottom line is the perpetrators of the crime should pay the penalty prescribed by law. Anything less or more doesn’t solve the problem.