Note that all Jews are welcome to repent and do penance for their sins and they can be saved. Jesus says to love and pray for enemies. This chant mostly seems to have been a joke, I doubt many of the students are actually "anti-Semetic", in a "good" or bad sense.
Matthew 5:43-45
You have heard that it hath been said, Thou shalt love thy neighbour, and hate thy enemy. But I say to you, Love your enemies: do good to them that hate you: and pray for them that persecute and calumniate you: That you may be the children of your Father who is in heaven, who maketh his sun to rise upon the good, and bad, and raineth upon the just and the unjust.
THE ONCE-CHOSEN PEOPLE - NOW An Accursed Race
http://www.catholicapologetics.info/apologetics/judaism/chosen.htm
I Thessalonians 2:14-15
For you, brethren, are become followers of the churches of God which are in Judea, in Christ Jesus: for you also have suffered the same things from your own coutrymen, even as they have from the Jews, Who both killed the Lord Jesus, and the prophets, and have persecuted us, and please not God, and are adversaries to all men;
Jews are cursed and covered with malediction. The curse has penetrated them like water in their bowels and oil in their bones. They are cursed in the city and cursed in the country, cursed in their coming in and cursed in their going out. Cursed are the fruits of their loins, of their lands, of their flocks; cursed are their cellars, their granaries, their shops, their food, the very crumbs off their tables! (St. Agobard) 13
The most holy Roman Church firmly believes, professes, and teaches that the Mosaic Law cannot be observed without the loss of eternal salvation. Every one, therefore, who observes circumcision and the Sabbath and the other requirements of the Law, the Church declares not in the least fit to participate in eternal salvation (Council of Florence) 14
How dare Christians have the slightest intercourse with Jews! They are lustful, rapacious, greedy, perfidious bandits: pests of the universe! Their synagogue is a house of prostitution, the domicile of the devil, as is the soul of the Jew. As a matter of fact, Jews worship the devil; their religion is a disease, their synagogue an abyss of perdition. The rejection and dispersion of the Jews was done by the wrath of God because of His absolute abandonment of the Jews. God hates the Jews, and on Judgment Day will say to those who sympathize with them: "Depart from Me, for you have had intercourse with My murderers!" Flee, then, from their assemblies, fly from their houses, and hold their synagogue in hatred and aversion. (St. John Chrysostom) 19
http://www.tertullian.org/fathers/index.htm#Chrysostom_Against_the_Jews