September 9, 1975 – The trustees of the Art
Institute of Chicago announce that no new students will be admitted to the
Goodman School of Drama and the final class will graduate in the spring of
1978. The chairman of the Goodman
Theater committee, Stanley M. Freehling, says that it costs the Art Institute
$200,000 a year to maintain a school of 25 faculty members for students who pay
an average annual tuition of $1,950. It
is stated that the decision concerning the school will not affect the
professional theater at the Goodman or future seasons on its main stage. The school moved to DePaul University in 1977, and the following year the Goodman Theater separated officially from the Art Institute and now functions as the nonprofit Chicago Theatre Group, Inc.
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