Carol Folt speaks after being named as University of Southern California's 12th president at Town & Gown of USC building in Los Angeles, Wednesday, March 20, 2019. The announcement comes a week after news broke of a massive college bribery scam involving USC and other universities across the country. Folt most recently was formerly the chancellor of the University of North Carolina at Chapel Hill (UNC). She will take office as USC's new president on July 1. (AP Photo/Damian Dovarganes)
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