The history of Harvard University begins in 1636, when Harvard College was founded in the young settlement of New Towne in Massachusetts, which had been settled in 1630. New Towne was organized as a town on the founding of the university, and changed its name two years later to Cambridge, Massachusetts, in honor of the city in England. It is the oldest institution of higher learning in the United States.
In the late 18th century, as Harvard began granting higher degrees, it began to be called Harvard University, with Harvard College referring exclusively to its undergraduate program. The university's stature became national, then international, as a dozen graduate and professional schools were formed alongside the nucleus undergraduate College. Historically influential in national roles are the schools of medicine (1782), law (1817) and business (1908) as well as the Harvard Graduate School of Arts and Sciences (1890).
For centuries, Harvard graduates dominated Massachusetts' clerical and civil ranks.[citation needed] Since the late 19th century, Harvard has been one of the most prestigious schools in the world, with the largest library system and financial endowment.
Tablets flanking the Johnston Gate, which read "After God had carried us safe to New-England, and wee had builded our houses, provided necessaries for our livelihood, rear'd convenient places for Gods worship, and setled the Civill Government: One of the next things we longed for, and looked after was to advance Learning and perpetuate it to Posterity; dreading to leave an illiterate Ministery to the Churches, when our present Ministers shall lie in the Dust. And as we were thinking and consulting how to effect this great work, it pleased God to stir up the heart of one Mr. Harvard (a godly gentleman and a lover of learning; then living amongst us) to give one-half of his estate (it being in all about £1,700) towards the erecting of a Colledge, and all his library. After him, another gave £300; others after them cast in more; and the public hand of the State added the rest. The Colledge was by common consent appointed to be at Cambridge (a place very pleasant and accommodate), and is called (according to the name of the first founder) Harvard Colledge."
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