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Yale University

Yale University is a private university in New Haven, Connecticut, USA, and a member of the Ivy League . Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States. Yale has produced many notable alumni, including five U.S. presidents, eighteen Supreme Court Justices, and several foreign heads of state.

Incorporated as the Collegiate School, the institution traces its roots to 17th-century clergymen who sought to preserve the tradition of European liberal education in the New World. In 1718, the College was renamed Yale College to honor a gift from Elihu Yale, a governor of the British East India Company. In 1861, the Graduate School of Arts and Sciences became the first U.S. school to award the Ph.D.

Yale College was transformed beginning in the 1930s through the establishment of residential colleges, 12 of which now exist. All tenured professors teach undergraduate courses, more than 2,000 of which are offered annually.

The University's assets include a US $22.6 billion endowment, the second largest of any academic institution, and more than two dozen libraries that hold a total of 12.5 million volumes (making it one of the world's largest library systems). Yale and Harvard have been rivals in academics, athletics, and other activities for most of their history, competing annually in The Game and the Harvard-Yale Regatta.

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