Well, not to defend the grad student, but you have to look at that aspect realistically. Being a grad student, he was what, 23-24 years old? If he was the only eye witness and he went directly to the police, I would bet dollars to donuts the Penn State machine (alumni, endowments, etc.) would close ranks quickly. It would be his word against ...
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I'm not sure a troubled youth, under the influence of his abuser, could be counted on to corroborate his story. This leaves one graduate student swinging in the breeze and it would likely, if he failed to prevail, ruin his career, whatever it was. I've live in Ann Arbor for 40 years and sadly, I have witnessed how influential a major university and it football program can be.
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In the end, the grad student did what was required of him under Penn law, which by the way is no more or less than what Joe P. did. Take your pick, either they both get a pass, or both should suffer.