STATE COLLEGE, Pa. - Penn State says settlement talks with lawyers for young men who were molested by Jerry Sandusky will resume next month.

The university posted an update on the talks Friday afternoon. President Rodney Erickson says Penn State is "pleased with the progress so far."

Penn State has said it wants to settle privately and avoid protracted litigation. The university is represented by Kenneth Feinberg, who ran victim compensation funds for victims of Agent Orange, the Sept. 11 attacks, the Virginia Tech massacre and the BP oil spill in the Gulf of Mexico.

Sandusky was sentenced to at least 30 years in prison following his conviction on charges that he molested 10 boys over 15 years. The former Penn State assistant football coach has maintained his innocence.