The issue is not that college or art school offers a worthwhile place of learning. Or that college is not a unique experience. The issue is that the cost is too

The issue is not that college or art school offers a worthwhile place of learning. Or that college is not a unique experience. The issue is that the cost is too high for what artists earn. Relevant report on wages: http://www.payscale.com/college-salary-report-2013/majors-that-pay-you-back http://www.payscale.com/college-salary-report-2013/majors-th... Accordingly art majors make $35k coming out of college and top out at $57k. At that salary it is very hard to pay off $100k let alone $200k. In short, there is an upper bound for when going to school becomes a bad financial decision. Perhaps we have found it. Perhaps not, but I think that is the point of the article. For the interested more numbers: Art $34,400; Graphic Design $35,500; Fashion Design $36,300; Art History $36,400; Industrial Design (ID) $43,600. Clearly these are averages and many people make more then this.