Yale University is a private Ivy League research university in New Haven, Connecticut. Founded in 1701 as the Collegiate School, it is the third-oldest institution of higher education in the United States and one of the nine Colonial Colleges chartered before the American Revolution. Yale is widely considered to be one of the most prestigious universities in the world. It ranked 4th overall in Kiplinger’s 2015 Best Value Colleges ranking, 1st among private colleges and 3rd among all institutions when adjusted for cost of living. Yale College undergraduates follow a liberal arts curriculum with departmental majors and are organized into a residential college system of twelve residential colleges. All students have access to courses at Yale College and each college grants its own degree. The University also includes three major schools: The Yale School of Medicine (established in 1810),the Yale Graduate School of Arts and Sciences (established in 1847)andthe Yale Schoolof Art(established in 1869). Additionally, there are professional schoolsof business,divinity,engineering&applied science,lawandnursingas well as many other programs including architecture, forestry & environmental studies and drama.
Yale has produced many notable alumni over its history including five U.S presidents–William Howard Taft, Gerald Ford, George H. W Bush , Bill Clintonand George W Bush–as well as 19 Supreme Court Justices more than any other institution.. Other notable alumni include 67 Nobel Laureates who are affiliated with the University as well as 62 living billionaires who graduated from Yale making it second only to Harvardin terms of billionaire undergraduate alumni.. In recent years some controversy has arisen over admissions practices with potential students engaging innumerous high-stakes lawsuits against both HarvardandYaleaccusing themof discrimination against Asian American applicants.. However despite this ongoing legal battle both institutions continue to receive record numbers applications each year demonstrating their enduring popularity..
With an endowment valued at $19.4 billionas of 2019 which is larger than that any other educational institution except for Harvard University ,Yale continues to exert a significant influence on not only higher education but also on primary&secondary education , culture , science & technology around globe . Thanks largely due Yales longstanding relationship with China dating back to Late Qing Dynasty ,it has been instrumental fostering people-to-people exchanges between two countries often seen rivals .. For example program called “YaleChina Association” which was founded 1898 sends number graduate&professional students every year study Chinese language & culture while also working various service projects throughout country .. Many experts believe that given current geopolitical climate such initiatives will become even more important fostering understanding cooperation future .