From Yeshiva University head to step down in 2018
Yeshiva University president Richard Joel says he will resign as head of American Orthodoxy’s major educational institution at the end of his current term, The Forward reports.
Joel’s term, his third since he first accepted the presidency post 13 years ago, is set to end in 2018.
YU has seen annual deficits between $50 million and $100 million for the past eight years, the New York paper says, primarily driven by its medical school, the ownership of which has been transferred to a joint venture between YU and Bronx-based healthcare provider Montefiore Health System, Joel says Thursday.
