“The fact that enrollments in traditional music, dance, and theater performance degrees have stagnated and job prospects have become dim is undisputed. It’s a simple supply-and-demand problem — with the steady decline of full-time performance-based arts careers, there already are too many students graduating from colleges, universities, and conservatories in performance programs with narrowly focused career paths that cannot be realized.” …
Commentary.
http://www.chronicle.com/article/The-New-Performing-Arts/238020