Home » Business » Yale's drama school now tuition free thanks to $150 million gift from David Geffen
Yale's drama school now tuition free thanks to $150 million gift from David Geffen
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Entertainment tycoon David Geffen gave a $150 million gift to Yale University’s drama school that will eliminate tuition for all degree and certificate programs.
The gift to what is being renamed the David Geffen School of Drama at Yale University is believed to be the "largest on record in the history of the American theater," the school said in a news release Wednesday.
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"David Geffen’s visionary generosity ensures that artists of extraordinary potential from all socioeconomic backgrounds will be able to cultivate their talent at Yale," Yale President Peter Salovey said.
Geffen is best known for founding Asylum Records, Geffen Records, Geffen Pictures and co-founding the film studio DreamWorks SKG with Steven Spielberg and Jeffrey Katzenberg.
His relationship with Yale dates back to the 1978-79 academic year when he led a semester-long seminar on the music industry.
"Yale already provides some of the best professional training available to actors, writers, directors, designers and theater managers from diverse backgrounds," he said in a statement. "Removing the tuition barrier will allow an even greater diversity of talented people to develop and hone their skills in front of, on, and behind Yale’s stages."
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He added that he hopes the gift will inspire others to join him in making advanced arts and theater education accessible and affordable to all students.
Theater studies at Yale began in 1925, and many of the country’s artistic luminaries were guided through its curriculum.