All good things must come to an end, and sadly for "Degrassi" fans, that means that the long-running teen soap is leaving the air.

"Degrassi: The Next Generation" is set to air its final episode this summer, following 14 seasons on TeenNick. The Canadian series, which started in 2001, spurred the careers of numerous stars, including rapper Drake, "The Vampire Diaries" star 90210" star Shenae Grimes.

According to Variety, the series will bow with a two-week finale event, beginning with an hour-long special on July 20, "It Goes There: Degrassi's Most Talked About Moments," that features interviews with cast members, creators, and fans. The special will be followed by new episodes every night of the week leading up the July 31 series finale.

"For an incredible 14 seasons, 'Degrassi' has been a groundbreaking show tackling so many important topics that real teens face in their everyday lives," said Keith Dawkins, senior vice president and general manager of Nicktoons, TeenNick, and Nick Jr. in a statement. "In the final episodes on TeenNick and through the hour-long special and social activations, we hope to say goodbye in a way that is both fitting to the show and 'Degrassi''s passionate fan base."

"Few producers are as blessed as we have been, working with so many talented and creative individuals at TeenNick for 14 seasons of 'Degrassi;' including 385 episodes and over 100 pieces of original short-form web content," said "Degrassi" executive producer Stephen Stohn in a statement. "We thank all those at TeenNick who have worked so hard over the years to help us create a television series that changes with the times and continues to authentically connect and interact with the youth audience."

The series finale airs on TeenNick on July 31.

[via: Variety]

Photo credit: TeenNick