A pedophile released a book about being a pedophile and giving advice to to other pedophiles. He sold it on Amazon. He was soon arrested. Honestly, compiling a list of the best reasons to rape a preteen doesn't seem very much different. If he was arrested, the authors of filth like that should also be.
Boycotting and threatening the advertising companies is the way to go, that's exactly what happened with Amazon. However, in a case like this, I fail to see a large support group arising in support for the trashy paper, because anyone who signs up for that group is broadcasting to his/her entire friends list what a fucked up, prejudiced bigot he/she is, unless that entire friends circle is like that. I also think you should definitely draw media attention to the situation. The University definitely won't want bad press, and you'll get viewers pretty riled up about it as well, and maybe some other support groups might take this on as well. Starting blogs, linking on other forums to your blogs, pretty much raising awareness. The internet is pretty powerful, especially when you hit the right chord with the people behind the computers. Parents won't want to send their kids to a University where students are harassed. Yep, go public, go big. It should work.
I lol'd at Nunc and Seaner, who are obviously trolling. Don't get sucked in Mishelle

You're doing something admirable, and society would be much better as a whole if people took action rather than sat around coming up with excuses to do nothing about it. It'll probably be a long process, but I hope you and the other students who're standing up for what's right succeed in this.