The Ivy League is interesting because it refers to a sports league, but those colleges are commonly known for academics
I was not aware of that. Seems kind of contradictive. 
Yes, those colleges are known for low acceptance rates and exclusivity. People are usually impressed if you say you want to one.
I agree. Mainstream sports do not come quickly to mind when you think of Ivy League. Perhaps polo or rowing would though.
Rowing is pretty nice as far as college sports go. In the 02-03 year rowers were only 2% of all college athletes.
I have seen some interesting videos of rowing compatitions. It looks a lot harder up close than from a distance. I can see how it is only 2%.
individual shell (called a single scull) to an eight-person shell with a coxswain (called a coxed eight).
Modern rowing as a competitive sport can be traced to the early 17th century when races (regattas) were held between professional watermen on the River Thames in London, United Kingdom. Often prizes were offered by the London Guilds and Livery Companies. Amateur competition began towards the end of the 18th century with the arrival of "boat clubs" at the British public schools of Eton College, Shrewsbury School
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