Huffington Magazine Issue 20 | Page 57

THE ART OF A COLLEGE EDUCATION try.” In a video game design advertisement, the narrator says: “Our graduates hit the ground running, and can work at the best gaming companies in the world.” The onset of more sophisticated advertising campaigns, combined with an economic recession that has sent millions into the ranks of the unemployed, has led to a boom in the arts school field — particularly at institutions with open admissions policies and a desire for revenue growth. Although Academy of Art has a longer history than some of the newcomers to the business, the school’s fastest period of growth has come only in the past decade, following the trends of other for-profit colleges that have rapidly expanded. Arts schools rank among the most expensive in the nation, according to Department of Education statistics, but research has shown that fine arts degree holders have some of the highest unemployment rates of recent college graduates. A study released earlier this year by Georgetown University’s Center on Education and the Workforce found that college graduates with arts degrees face an average unemployment rate of HUFFINGTON 10.28.12 11.1 percent. That compares to a 9.4 percent unemployment rate for humanities and liberal arts graduates, and a 5.4 percent unemployment rate for recent graduates in healthcare-related fields. Because of the way the Department of Education collects statistics, it is difficult to know how “I KNEW THERE WAS GOING TO BE DEBT HANGING OVER MY HEAD. TROUBLE IS, IF THAT’S YOUR PASSION IN LIFE, UNFORTUNATELY YOU CAN’T REALLY TURN THAT OFF.” many students at any institution get jobs after graduation. Not all schools are required to provide job placement rates, and some college accrediting agencies that collect such data have found inflated statistics at some for-profit schools in recent years. The Obama administration has tried to get a handle on the issue by requiring career training schools — including for-profit colleges and some non-profit vocational schools — to provide statistics on how students are able to