Very true!
(however if you ask some arabs, I believe there is a "continuously in use" arab university in morroco. 600- 500 or so years. It is note worthy because it used Adobe in its constructions I believe. I hear they might finally be updating the classes after all these centuries)
Hmmm. Oxford's got that beat...it's been in existence since the 12th century. Heck, even Harvard's over 350, and that's a new-world institution, fer cryin' out loud.
Have this university's alumni accomplished anything of note?