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University of North Carolina President Tom Ross, left, and  Chancellor Carol Folt talk during a special joint meeting of the University of North Carolina Board of Governors and the UNC-Chapel Hill Board of Trustees in Chapel Hill, N.C., Wednesday, Oct. 22, 2014. The board gathered to discuss the results of an independent investigation of past academic irregularities. (AP Photo/Gerry Broome)

University of North Carolina President Tom Ross, left, and Chancellor Carol Folt talk during a special joint meeting of the University of North Carolina Board of Governors and the UNC-Chapel Hill Board of Trustees in Chapel Hill, N.C., Wednesday, Oct. 22, 2014. The board gathered to discuss the results of an independent investigation of past academic irregularities. (AP Photo/Gerry Broome)

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