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Columbia, NYU Presidents To Step Down

The presidents of two of New York City's most prestigious universities separately announced their resignations this weekend.

Columbia University President George E. Rupp announced Saturday that he will resign effective June 2002, and New York University President L. Jay Oliva announced he will step down then as well.

Rupp, a former dean of Harvard Divinity School, is the fourth Ivy League president to step down in the last year.

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The surprise announcement by both men continues a trend of university presidents stepping aside after large fundraising drives.

Late last year, Brown University selected Ruth J. Simmons, president of Smith College, to take over in July of this year.

Princeton and Harvard both have searches still underway. A decision in the Harvard search is expected soon.

In an e-mail to students, faculty and staff Saturday morning, Rupp, 58, expressed his appreciation for having the opportunity to serve Columbia, and thanked the community for their support of his nine years as president.

"My sense is that the time for the next new beginning will be upon us soon and that Columbia should have its new president in place to lead the way," he wrote.

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