Not buying virtually any of this at all. Just from my experience living on this planet.
I know you lived in NYC for a minute, but be honest here, how many non-finance bros did you hang out with? I have a broad spectrum of friends and acquaintances here and plenty who studied the arts make fine livings.
There is absolutely no requirement for an actor or actress to have a college degree. Hell, many of the best current paid actors were flippin' comedians.
Please back up this claim with an arbitrary list of let's say... 10. Because I'm sure the Leo's, Brad's, Day Lewis' and Clooney's of the world didn't just walk on to sets with no education. And plenty of the most successful comedians turned actors were formally trained. Jerry Seinfeld - degree in theater, Bill Burr - bachelors in radio but studied theater as well, Jim Jefferies - theater, Steve Carell - history but studied theater, Stephen Colbert - theater, Jon Stewart - psychology (another "useless" degree); shall I go on?
You'll never convince me that acting is a highly skilled field when tons of the most famous people happened to be famous or got their "break" from other crap (comedians, models, writers, singers, discovered in line at Costco, etc...) rather than acting.
It can be difficult if not impossible to convince someone so strongly opinionated on a matter they have little knowledge of. The point of a discussion such as this on a public forum is the hope that someone else is reading with an open mind. Not that I don't hope to sway your opinion as well.
Regardless, even having this discussion is very much burying-the-lead, which is the fact that for every one (literally) of your school's "Emmy, Tony" etc... winners they boast about, there are 200 kids who went into debt & now "boast" a theater degree for which they can do absolutely nothing with. It's not a short list.
Where do you suppose everyone from our middle school arts and drama teachers, to session musicians, to the people who designed the Jets new uniform, to everyone at the Met, and everything else in between came from? I doubt it's "the line at costco". The arts employee MILLIONS of people in this nation and we're better off for it. It's one of our top 3 most important exports.
As for other arts, like photography, no you dont "need" a college degree. Dance? Gimme a break. Art History? A complete waste of money. Most of these kids would make more $$$ as electricians or plumbers & spare themselves the 20+ years of crippling student loan debt.
A degree is a degree is a degree. I owned bars and restaurants for a long time and wouldn't hire a bartender or server who didn't have one or wasn't working on one, I didn't care what it's in. Why? Because it shows that this person has the capacity for one or all 3 of a work ethic, vision, and passion.
The recent trope of the tradesman saving this generation or lifting up the next is quickly becoming a tired one. Do I agree that more people should consider the trades and there's a chance they'll be more profitable? Sure. But explain to me how this 20 y/o dancing/photo taking waif is going to lift cast iron piping in to 110° crawl spaces, operate a sawzall while suspended from an i beam 20 ft up, or climb a tower with a 50lb tool bag on them? Besides it being unrealistic, many who can physically will be nothing short of abjectly miserable. Give me 50k a year doing something I love over 100k as a cpa every day - sorry to any accountant friends here.
And finally, the crushing student debt - while a problem for several reasons, most of which falls on the government and lending institutions - thing is somewhat overblown. Could you be paying it for the rest of your life? Sure, because your interest rate will most likely blow. But it's not much worse of a bet than a 30 year fixed for most people, and actual adults - not 18 year olds - who shouldn't keep taking that gamble. The only real difference is the debt being dischargable, which the government should fix.
There's one other thing about university that hasn't been touched on and that is going to undergrad is about so much more than whatever you think you want to do as a child. It's about building a network, setting goals and achieving them, and putting yourself out in the world - which can be an extremely daunting task for many teenagers. That and outside of stem fields grad schools generally dgaf what your ba is in so long as you have the prereqs.
But at the end of the day the most frustrating part to me is the trend of devaluing institutions of higher education in this country. Talk like this is unheard of in the rest of the developed world.