Marietta College is an independent, selective, coeducational, residential, liberal arts college of 1,400 students located in the historic river city of Marietta, Ohio. The city of 15,000 is part of a larger metro area of 150,000 located about two hours from Columbus and Pittsburgh. Marietta was founded in 1788, the first organized settlement of the Northwest Territory. The College traces its roots to 1797, was formally chartered in 1835, and was awarded a chapter of Phi Beta Kappa in 1860, only the 16th institution in the nation then so honored. Today, Marietta College is recognized annually by U.S. News and World Report as one of the top regional liberal arts colleges in the Midwest, while the community is regularly cited for its high quality of life and reasonable cost of living.