Getting an art degree doesn't give you the right to just go out into society and demand you have something others don't and that you deserve a job for the time you spent getting that degree. I agree with this point. However, the point of attending an art school is to develop and hone your skills so you could create a portfolio worthy enough to get yourself a job. going to art school isn't about just getting a bachelors in art, its more about learning all that you can from a school that knows more about art than your typical state college, so that you can create something that can help you get a job.
I'm a currently attending a private art school, paying 30,000 dollars on tuition alone so that I could become a CG artist and animator. For the first year experience going there, I was scared of the possibilities that I wouldn't get a job when I leave, but when I see some of the seniors graduate and get jobs in famous gaming, and movie studios, I believed in myself more. Art is something that is hard to define, that's why its so hard to get a job with it if your going into a field like fine art that basically means you have to have a amazing depth into the fine high art. Compared to some of the more practical fields of automotive design, products, advertising, and entertainment art - your chances of being able to do what you love increases with the time and effort you put into creating an awesome portfolio.
I may not be successful, yet, but I still have hope for my future, and since I only have one life to live, might as wise go for what I had always dreamed of becoming.