Comment The so-called "creative" market is saturated. (Score 4, Insightful) 520
The true creative class is the people who are willing to put forth the hard work to study particle physics, microbiology, colloid science, differential equations, managerial accounting, and parallel algorithms. Their dedication is what makes carrying out their creative dreams possible. As the article states, they're doing well, as there's still scarcity in that market. Their competition in overseas diploma mills that teach to the test do not produce the same results.
What this article is referring to is the so-called "creative class" who thought they could start a grunge band by learning power chords, buy a Canon EOS and become a professional photographer, or become a psychologist because they were interested in their bad teenage relationships. They are the types who thought they'd win the lottery and become rock stars without the serious learning required to invent, build, and deploy something new.
Those people in the so-called "creative class" locked in an entitlement mentality are a dime a dozen.It may have worked in the 1990s when they and their friends were given unlimited subsidy by coddling baby boomer parents, but these days, you're on your own and actually have to know your shit. Universities today aren't full of ambitious engineers who will take full advantage of their $50K in student loans, they're full of future waitresses and customer service reps with a piece of paper.
A better article would be "Why did 17 million people go to college?" -- http://chronicle.com/blogs/innovations/why-did-17-million-students-go-to-college/27634