Yale University is a private research university in New Haven, Connecticut, 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, seventeen U.S. 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 establish a college to train clergy and political leaders for the colony. 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 now exist and two more are planned. Almost all tenured professors teach undergraduate courses, more than 2,000 of which are offered annually.
The University's assets include a US$16.3 billion endowment, the second largest of any academic institution, as well as the second largest academic...
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