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Legendary Penn State coach Joe Paterno and school President Graham Spanier have lost their jobs effective immediately, university trustees announced.

Paterno said earlier in the day that he would retire at the end of the season. Critics had called for him to resign because of his response to allegations brought to him in 2002 by a graduate assistant, who said he had seen retired defensive coordinator Jerry Sandusky, now 67, sexually assaulting a young boy in a shower at the campus football complex.

Paterno reported the allegations to his boss, and Pennsylvania’s attorney general said it appeared Paterno had met his obligations under state law.

Sandusky is accused of sexual offenses, child endangerment and “corruption of a minor” involving eight boys, prosecutors said. Two Penn State officials are accused of failing to report the alleged abuse.

The U.S. Department of Education said earlier Wednesday that it will launch an investigation into whether Penn State properly reported crimes on campus.