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Hebrew University to Elect New President; Will Discuss $14,000,000 Deficit

October 20, 1961
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The financial problems of the Hebrew University and the election of a new president will be the major considerations of a meeting next month of the university’s board of governors, it was announced here today. Professor Binyamin Mazar resigned the presidency early this year for reasons of health and the board last March named Professor Giulio Racah as Rector with the powers of the presidency.

The university has an accumulated deficit of 25,000,000 pounds ($14,000,000) in both its ordinary and development budgets. The building of a new medical school, which had been halted, was resumed when the university obtained a loan for 3,000,000 pounds ($1,680,000) and an anonymous legacy of 1,000,000 pounds ($560,000).

A total of 7,530 students are expected to report to classes when the new academic year begins on October 29. The increase of 230 students in this year’s enrollment is about the same as in the prior academic year. Among innovations this year will be a course in medicine for 16 students from Africa and Asia.

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