Confront dean concealing university's apparent worth (4,5)

Times Cryptic #28874 | 14 Down | 2024-03-26
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I haven't cracked this one yet — but the brilliant team at Times for the Times have:

FACE (confront),  VALE (dean)  containing [concealing] U (university). I didn’t know ‘dean’ as an alternative spelling of ‘dene’ meaning ‘valley’.

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