A fine-arts degree may be a better choice than you think - WSJ
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JR: WEALTH MANAGEMENT B
What Does a Fine Arts Degree Get You? The Punch Line: Maybe a Job.
By
DANIEL GRANT
Updated Nov. 11, 2013 12:53 a.m. ET
Think that art school dooms graduates to a life of unemployment? The numbers paint a very different picture.
"Artists
can have good careers, earning a middle-class income," says Anthony Carnevale, director of Georgetown University's Center on
Education and the Workforce. "And, just as important and maybe more, artists tend to be happy with their choices and lives."
Not Exactly Starving
A
2011 report from the center found that the unemployment rate in the first two years for those graduating with bachelor of fine arts degree
is 7.8%, dropping to 4.5% for those out of school longer. The median income is $42,000.
"Artists' income is comparable to other liberal-arts majors," he says. "They do a little better than psychology majors, since counseling and
social work is a very low-wage occupation."
For artists who go on to graduate degrees, the most common of which is the master's of fine arts, the unemployment rate for recent
graduates drops to just under 5%, and their median yearly income increases to roughly $50,000.
Other
studies have also found relatively high levels of employment and satisfaction. The Curb Center for Art, Enterprise and Public Policy at
Vanderbilt University conducted a survey of 13,000 graduates of visual and performing college-arts programs between 1990 and 2009;
2,817 were in the fine arts.
Among the findings: Almost 83% worked the majority of their time in some arts occupation, such as art teaching or in a nonprofit arts
organization.
"Arts
graduates are resilient and resourceful," says Curb Center Associate Director Steven J. Tepper. Sixty percent of the fine-arts
graduates in the survey work more than one job, he says, "but they are happy with what they put together."
A Rosy Picture
Bruno
S. Frey, research director of the Center for Research in Economics, Management and the Arts at the University of Zurich, echoes
that finding.
He says he has done "happiness
research for some time" and found that "artists generally are happier than the rest of the population."
Of all
arts professions, fine artists, writers and composers were found to be the happiest, because "the profession they have chosen gives
them autonomy, and that makes them happy," he says. "Actors and musicians, on
the other hand, are less happy, because they are
disciplined by various
rules and have less autonomy."
Mr. Grant is a writer in Amherst, Mass. He can be reached at reports@wsj.com.
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