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Yale University is a private university in New Haven, Connecticut. Founded in 1701 as the Collegiate School, Yale is the third-oldest institution of higher education in the United States[2][3] and is a member of the Ivy League. According to THES-QS World University Rankings's 2008 "World's Best Colleges and Universities" index, used by U.S. News & World Report, Yale ranks 2nd among the top 200 universities in the world.[4] Yale is widely regarded as one of the leading and most prestigious universities in the world, and it has produced a number of U.S. presidents[5] and foreign heads of state.[6][7][8]