Fortunately in their infinite wisdom, the Penn State Board of Trustees voted to keep JoePa's statue because his accomplishments on the field overshadowed anything that happened off the field.
You all might find this interesting, in ancient Greece they at a "Hall of Shame" for disgraced athletes, the 'Zanes'. Maybe the Paterno statue is something of a modern day equivalent.
"Just outside the entrance to the ancient stadium in Olympia—the site of the first Olympic Games in 776 B.C.—stand a series of crumbling stone bases known as the Zanes. Battered remains of bronze statues (the earliest are thought to date from 388 B.C.), they once stood as an Olympic walk of shame.
If an athlete broke his Olympic oath—common violations included bribery, tardiness, cowardice, lying and fraud—he was fined and forced to purchase a statue of Zeus. The name of the athlete and, in some cases, his father's name plus his Greek city-state were inscribed on the base of the statue, which was then placed along the entranceway to the great stadium. "