JoePa was a great man. Like all of us, flawed, and in some ways significantly so. So no, I don't think the statue needs to come down.
But, Penn State needs to take a meaningful step to show remorse, to show that the culture that allowed for this atrocity is being addressed and to make a significant contribution to victims of child abuse (not as part of settlements they are about to encounter, but a unilateral contribution).
I think it starts with the football program. A self imposed, multi-year reduction in football scholarships with the savings associated with such to be contributed to such a cause.
A home game, dedicated to the victims maybe even all victims, of child abuse. Before the game there should be a moment of silence in rememberence and where PSU says "we're sorry". The gate proceeds, or a significant portion thereof, should also be contributed to the cause.
Finally, there should be a self imposed ban for one or two seasons on any bowl appearances. Because it shows in some small way that football takes a backseat to doing what is right.
That would be leadership. That would be a start to healing. I am not hopeful.