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Gold  Suggested by Heron2001 
Antique Wells Extra  Suggested by donshottype 

Nineteenth century design called slab Antique. Antique Wells Extra Bold -- as digitized by Wooden Type Fonts -- fits, except that it is a little too heavy.

Antique Wells with boldness reduced:



Note the flat sections on the top and bottom of _S_ and the bottom of _U_, the thick and thin style of _N_, the pure slab serifs rather than ones with a cove, etc. All features found in your image of _STUDENTS_.