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.
Black Ivy League 1999 to 2007, Ivy League colleges launched initiatives to make higher education more affordable, to the point that students from low income families can graduate debt-free. The University of Pennsylvania has expanded its financial aid program to the point that all students qualifying for financial aid can graduate debt-free. The "Journal of Blacks in Higher Education" notes that the significant increase in financial aid by Harvard and other Ivy League schools will make it difficult for other schools to compete for top African-American students. A study of the average wages of alumni conducted by Roland G. Fryer Jr. and Michael