“The president of Loyola University in New Orleans resigned Tuesday after he was accused of sexual misconduct while he was at a Jesuit prep school in Indianapolis in 1986. The Rev. Bernard Knoth, a Jesuit priest, submitted his resignation to the Roman Catholic college under new church rules that say if a sexual allegation involving a minor is deemed credible, the accused should be removed immediately. Knoth, 54, president of Loyola since 1995, issued a statement denying any inappropriate conduct.”