It doesn't appear to have been archived into the meeting records kept on the Board of Trustees website, which, I suppose, should come as no surprise. The only available archives appear to be from the non-interactive scripted presentations at the large meeting.
Barry Fenchak's comment came during a presentation, given to the Board, about how to counter the growing public perception regarding Higher Education, essentially the belief among Americans that higher education is no longer providing a worthwhile and affordable education. Probably to no one's surprise, this has become an increasingly popular opinion - and is a concern to Universities like Penn State.
The presentation was primarily led by a public-relations group from the AAU (AAU is a trade group representing and certifying, mostly, large universities). During the discussion following the presentation, Barry asked if they - Penn State Administration and Board - might better expend their energy by addressing those issues that their customers find to be problematic (costs, waste, curriculum, and the other issues that were discussed as being causes of great concern among prospective students, parents, and others), rather than trying to convince their customers that those issues were either unimportant or non-existent (which had been the direction of the discussion prior to Barry speaking). That was the gist of it.
Aside from the very uncomfortable looks on the faces of some of the Trustees, one in particular, when Barry began to speak - I am sure they didn't expect that - it was interesting to see how foreign the idea was to the members of the Administration and Board, and especially President Barron. President Barron made a few "counter-comments" that dramatically illustrated just how out of touch he is (or pretends to be). The idea that they should try to improve, rather than try to control public perception, was clearly outside of their comfort zone.
It would be nice to see more conversations like this on the Board, and I don't know why we don't.