History of Harvard University "official philosophy" of the more empirical and more deistic Scottish school. Between 1830 and 1870, Harvard became "privatized". While the Federalists controlled state government, Harvard had prospered and the 1824 defeat of the Federalist Party in Massachusetts allowed the renascent Democratic-Republicans to block state funding of private universities. By 1870, the politicians and ministers that heretofore had made up the university's board of overseers had been replaced by Harvard alumni drawn from Boston's upper-class business and professional community and funded by private endowment. During this period, Harvard experienced unparalleled growth that securely placed it financially in a league of its
Harvard University a large, highly residential research university. The nominal cost of attendance is high, but the university's large endowment allows it to offer generous financial aid packages. The Harvard Library is the world's largest academic and private library system, comprising 79 individual libraries holding over 18 million items. The University is cited as one of the world's top tertiary institutions by various organizations. Harvard's alumni include eight U.S. presidents, more than thirty foreign heads of state, 62 living billionaires, 359 Rhodes Scholars, and 242 Marshall Scholars. , 158 Nobel laureates, 18 Fields Medalists, and 14 Turing Award winners have been affiliated