You are using an older browser version. Please use asupported versionfor the best MSN experience.

What its like to attend Phillips Exeter Academy, one of the most elite boarding schools in America

Phillips Exeter Academy was founded by a Harvard graduate in 1781.

Founder Dr. John Phillips set out to teach young men the great and real business of living.

The 1,200-student-strong now co-ed high school in New Hampshire is still a boarding school unlike any other today.

It uses the Harkness Method, a unique teaching model that schools around the world strive to imitate.

Visit Business Insiders homepage for more stories.

Phillips Exeter Academy, a 1,200-student-strong high school located in the sleepy town of Exeter, New Hampshire, is one of themost elite boarding schools in America.

When Dr. John Phillips, a graduate of Harvard and resident of Exeter, opened the Academy in 1781, he set out to teach young men the great and real business of living. More than two centuries later, the now co-ed school prides itself on the strength of its network, its commitment to spreading kindness, and on its use of the Harkness Method, a unique teaching model that schools around the world strive to imitate.

Many millionaires and a handful of billionaires are products of the Exeter community and have helped grow the schools endowment to over a billion. The fund supports many students tuition, which otherwise costs$55,402a year for boarding students.

I spent the day as a student at Phillips Exeter Academy to see why its so highly regarded.

13 photos of presidents with their grandchildren

Heres what the governors mansion looks like in every state

Heres who gets rich if WeWork has a successful IPO