At least where I'm from, many people think that Yale is a only a super serious academic institution, where everyone is intense about their grades without much of a life outside the classroom or library. Another stereotype I've encountered is that people think a lot, or even most of the people who go to Yale are from "old money". A third stereotype is that many people think Yale is a very politically liberal place.
Some call Yale the "gay Ivy," and while there is a glimmer of truth in most stereotypes, this perception is mostly inaccurate. I think the arts are emphasized more than at other Ivies, and that there is a comforting sense of community.
Yale is a place for rich, white, overly-privileged kids to continue their plans for economic domination. Yalies are uptight and insanely studious, rarely peeking out from their dorms/caves to see the light of a New Haven day.
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