It depends on what you think higher education is all about. Is it a privilege that helps you grow into a well rounded person who is capable of thinking critically and expressing yourself effectively? Is it just training for a specific career? Most colleges and universities try to provide a well rounded curriculum that accomplishes both goals, allowing the student to major in something that interests them or aligns with their goals. Some schools are also good at helpng graduates connect with leaders in an industry or art community.
There is no doubt that some degrees are more marketable (STEM degrees of course). I supervise a couple dozen students at a university. Most are computer science or engineering and industrial design students. Some of these students are courted by well known companies before they graduate. None of them will have trouble finding a good paying job after they graduate, unless they lack the social and communication skills some STEM students struggle to develop. Even that won't keep them from certain jobs. I spend time helping some of them craft readable resumes and cover letters, because some of them never took a class that challenged them to communicate effectively. I'm afraid that's what happens when we de-emphasize liberal arts. Art and humanities teach valuable life lessons. Even in the technology industry I would not have been promoted as many times as I have without the communication skills I learned from my liberal arts classes. My history, writing and communication professors were hard on me. They demanded better writing, supported arguments and more thinking. A good high school teaches these skills, and good college profs push you to hone them.
How many college students end up pursuing a career in their primary area of study? Of course some do follow their major because the opportunities are there and they feel obligated because of their investment (which likely racked up some loan debt). Others end up taking a different path because they can't find jobs in their major or because they hate the jobs they find related to their major. Because of this uncertainty, I think there is worth in any degree, but only for students who apply themselves. What you get out of college is proportional to what you put into it. The students who understand this and work hard will probably be successful regardless of their major.
A few friends asked me this and I told them it would be a complete waste of time and $$$. Photography/Art can be self taught quite easily. Speaking of waste, I wish I had majored in mechanical engineering or something in the Information Technology field instead of graphic arts. arrgg. A buddy and I both attended the same school. He majored in Network engineering. Yeah, he's probably making well over $60/yr now. :/
I don't know if I agree. I know many successful people in the IT industry who were liberal arts majors (like I was) or who never started or finished college. It really isn't very difficult to teach yourself some IT skills thanks to online resources, earn a certificate or two (doesn't always help but never hurts), and get a job in IT.
On the other hand I don't know how easy it is to teach yourself to take great photographs. You can teach yourself how to capture a photo that is technically good, but that won't take you far. Art school, at least a good one, teaches you far more than the technical. This aesthetic side comes easily to some, but it often needs to be honed.
My sister is currently a graphic arts major and couldn't talk her out of it. She will regret it later when she's only making $12-13/hr with a BA vs a registered nurse making $20/hr+ out of college.
Nursing is definitely in demand, but so is graphic design as long as it is supplemented with some IT skills that go beyond using design software. IT departments and companies need some of these skills that computer science majors lack. You need graphic designers to put together good software, web pages, mobile apps and marketing materials. If she is passionate about design, but not nursing, she might have a better shot following her heart. I have a friend who is questioning her decision to become a nurse.
As far as photography goes, it's a tough business. The lack of a degree won't hurt you if you are good, tenacious and you understand how to run a business. A degree in photography will teach you these things, hone your skills, and it might even help you make some connections that lead to valuable opportunities. But it will cost money with no guarantee on a return. If you apply yourself, it should offer some value that is difficult to quantify. Higher education is a privilege that needs to be taken seriously to maximize value. That's why I think many people should work a couple of years between high school and college. Taking a break sure helped me.
Sean