Okay, before you start slinging half-bricks and Cruciatis curses my way, permit me to explain my sudden lapse of sanity.
It is, to a degree, my lady wife's fault. She found the Elemental Masters series by Mercedes Lackey. After hearing her wax eloquent over the virtues thereof, I read them myself...which got me rooting through storage to re-read my old Castle Falkenstein books. And that in turn resulted in my rather feverish imagination coming up with the thought of an integrated school formed by four different orders of sorcery for the education of gifted university-aged students. In 1870's England, with a little Jules Verne tech, a few Sidhe lords, and the occasional Dwarf or Dragon thrown in for good measure.
Victorian melodrama! Steamtech! The answer to why you never see female Dwarves! Witty banter!
So, with a modest tip of the hat to Ms. Rowling, I cast this peculiar proposal forth upon the table for discussion. You may now commence with the casting of cobbles.
(dives for cover)