You have to remember it is a balancing act with drugs like this in the face of news with this kind of weight. On one hand there is an increased risk of cancer, but not a giant risk. On the other hand bone integrity loss leads to life altering or deadly fractures in 50% of the population on long-term glucocorticoid (prednisone) therapy. Anti-resorptive drugs, ones that prevent bone mineral density from being lost are valuable tools in fighting bone fragility because once bone strength is lost from either prednisone treatment or age, it can never be returned to the level it once was. This is true when you stop taking prednisone or if you start taking a bisphosphonate after you are already losing significant bone density.
I am not saying you should take these drugs by any means if you are able to manage your bone density with vit d and calcium, but it is something to keep in mind if you are losing bone density. A hip replacement or vertebral fracture are very dangerous with age. Just because the effect isn't going to be seen for 20, 40, or even 60 years from now, it can and will happen if we aren't vigilant. Our bone is a highly important organ that we have to take care of. However, as I said, no need to increase our risk of cancer unless our bone health dictates.
In Pens case, I wouldn't take them cause she seems healthy , but if a dexa scan showed bone loss, antiresorptives are the first place to turn after normal therapy.
As a general note, studying glucocorticoid action in bone is the topic of my PhD research. I am more familiar with how bone works than I ever thought I would be. You would be amazed how complicated the glucocorticoid induced osteoporosis problem is. However, there are bone sparing glucocorticoids in our future, there just isn't a timeframe for when one will make it to the market for us.