By extension, the term also refers to the eight schools considered as a group, and to social characteristics perceived to be common to the group. The schools of the Ivy League are all old—all but Cornell having been founded before the American Revolution. They are sometimes referred to as the Ancient Eight.<ref>The group, however, fails to include two Colonial Colleges: William and Mary and Rutgers; and includes Cornell, founded much later.</ref> They are all stellar in academics, and all of them have a traditional connection with social prestige. | By extension, the term also refers to the eight schools considered as a group, and to social characteristics perceived to be common to the group. The schools of the Ivy League are all old—all but Cornell having been founded before the American Revolution. They are sometimes referred to as the Ancient Eight.<ref>The group, however, fails to include two Colonial Colleges: William and Mary and Rutgers; and includes Cornell, founded much later.</ref> They are all stellar in academics, and all of them have a traditional connection with social prestige. |