An arts degree costs $120,000 but the typical artist only makes $25,000 a year.
That’s one of the many facts about the situation and composition of artists in New York City generated by the collective BFAMFAPhD (which includes my friend Susan Jahoda) [ht: ja].
Here are some others:
- Only 15 percent of the people in New York with an art degree actually make a living as artists. The rest? 16 percent work in sales and other office occupations, 15 percent work in various professional fields, 11 percent are educators, 10 percent are managers, 10 percent work in service jobs, 9 percent have not worked in the last five years, 5 percent are working in business and finance, 3 percent work in various blue collar occupations, 3 percent now work in science, technology, or engineering, and 2 percent now work in medicine. (See this chart.)
- As it turns out, while the poverty…
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