Caedwalla is a university. One might call it THE university if they were being hyperbolic, regardless it is the preeminent school of the learned within a thousand miles of Pegbarrow. The school started as a forum to teach aspiring wizards how not to blow themselves up with magic, as well as a place to try to impart a modicum of moral standards to magic users. Caedwalla still has the greatest magical education curriculum in the known world, however over the last three centuries since its inception the university has expanded to cover a wider range of subjects such as art, astronomy, literature, natural philosophy, medicine, metaphysics, and even theatre. As such the university also has a well regarded bardic college, both for those that want to weave magic into their music and those that simply want to learn the skills of a master of words and art.
Located roughly 500 miles to the east of Pegbarrow just outside of the walled city of Hithburne, Caedwalla is functionally a walled settlement of its own.