Do Scooby Doo Characters Represent Colleges in Eastern US?

Do the five characters in Scooby-Doo represent five Eastern colleges?
The main characters of the Scooby Doo universe each represent a college within the eastern U.S.'s Five College Consortium.

Velma Is Gay in New Scooby-Doo Animated Movie

Mindy Kaling's South Asian representation has viewers deeply divided. This says a lot.

Television Archives, Page 3

The Hex Girls: How a fictional Scooby-Doo rock band became cult

The 5 Colleges and Scooby-Doo: Which One Are You?!

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TV Review: HBO Max's Velma is a pretty fun time

Mindy Kaling's South Asian representation has viewers deeply

Jinkies! 'Velma' needs to get a clue : Pop Culture Happy Hour : NPR