is a prestigious private university located in Durham, North Carolina in the United States.
It is named for the Duke family, which made its money in the tobacco and energy
businesses (see American Tobacco Company and
Duke Power). Although it is a young
university, founded in 1924 (it traces its roots back to 1838), Duke is recognized as one of the leading institutions of higher education in the United States, and often competes for students with other such prestigious and highly-acclaimed
institutions as Princeton, Harvard,
Stanford, MIT, Columbia, and Yale.