He did graduate from the New York Military Academy (which is a private high school within the shadows of West point), spent two years at Fordham University in the Bronx, and then graduated from Wharton School at U. Penn (Ivy League) with a BS in economics. He claims that he has never smoked or used illegal drugs, and that he does not drink and has never been much of a drinker.
You are right. I didn’t know Wharton was considered Ivy League.