The investigation into UNC's "paper classes" is in, and it isn't something to be proud of:

A "woeful lack of oversight" and a culture that confused academic freedom with a lack of accountability helped more than 3,100 students at the University of North Carolina at Chapel Hill -- many of them athletes -- enroll and pass classes they never attended and which were not taught by a single faculty member.

At least nine employees have been fired or disciplined so far, though Carol Folt, UNC's chancellor, said the university will not name the employees. "I know the Carolina community will find these findings sobering," Folt said during a press conference Wednesday. "This never should have been allowed to happen."

Speaking of sobering, it wasn't just ill-prepared athletes who took part in this scheme, the Frat Boys soon discovered they could party until the sun came up and still show mommy and daddy an impressive grade point average: