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Yale University is a private research university in New Haven, which is the 2nd largest municipality in the US state of Connecticut, after Bridgeport, having a population estimated at a number of nearly 125 000 inhabitants. The city’s economy mainly consists of health care, professional services, financial services and retail trade, Yale University also being an integral part of its economy.
Yale traces its roots back in the 17th century, when "An Act for Liberty to Erect a Collegiate School" began, passed by the General Court of the Colony of Connecticut on October 9, 1701, in order to create an institution to train ministers and lay leadership for Connecticut.
The university was incorporated as the Collegiate School, being renamed Yale College in 1718, to honor a gift from a governor of the British East India Company named Elihu Yale, being moved to New Haven, in the same year, the current name of Yale University being officially settled in 1886, when the Yale Corporation approved president Timothy Dwight’s intention to rename Yale College.
Today, Yale University is known as being the 3rd oldest institution of higher education in the States, consisting of 12 graduate schools and Yale College, having an enrollment of approximately 5 300 students, as well as 975 full-time faculty members, who instruct the students in master’s, bachelor’s and doctoral educational programs.
The athletic teams from Yale are known as the Yale Bulldogs, who compete in 35 varsity sports in Ivy League Conference, the New England Intercollegiate Sailing Association and the Eastern College Athletic Conference, at the NCAA Division I level. There are numerous athletic facilities at Yale, including the Yale Bowl, which is 1st bowl stadium in the nation, located at The Walter Camp Field athletic complex, and the Payne Whitney Gymnasium, which is the 2nd largest indoor athletic complex in the world.
Yale has produced alumni distinguished in various fields, over the years, the list of notable Yale alumni containing resonant names such as U.S. Presidents William Howard Taft, Bill Clinton and George W. Bush, Nobel Laureates Paul Krugman, Edmund Phelps, and John Bennett Fenn, patriot and "first spy" Nathan Hale, videogame developer, who created Prince of Persia, Jordan Mechner, as well as many other great people who have made themselves notable in various fields, after graduation.