Ivy League of a typical private liberal arts college and smaller than a typical public state university. Total enrollments, including graduate students, range from approximately 6,400 at Dartmouth to over 20,000 at Columbia, Cornell, Harvard, and Penn. Ivy League financial endowments range from Brown's $3.5 billion to Harvard's $34.5 billion, the largest financial endowment of any academic institution in the world. The Ivy League has drawn many comparisons to other elite grouping of universities in other nations such as Oxbridge and the Golden Triangle in the United Kingdom, C9 League in China, Group of Eight in Australia, and Imperial Universities in Japan.
Ivy League distinguished faculties; some of the first Americans with doctorates had taught for them; but they now decided that they could not both be world-class research institutions and be competitive in the highest ranks of American college sport; in addition, the schools experienced the scandals of any other big-time football programs, although more quietly. The first formal athletic league involving eventual Ivy League schools (or any US colleges, for that matter) was created in 1870 with the formation of the Rowing Association of American Colleges. The RAAC hosted a de facto national championship in rowing during the period 1870–1894. In 1895,