I hold a BFA from Maine College of Art in Metalsmithing and Jewelry. This school gave me a much better footing on how to sell my art and myself (and even doing business taxes) over many of my art-major friends that went to a "regular" university. Besides being able to specialize in one of many majors this college also offers a strong core foundation that teaches 2 dimensional art as well as 3 dimensional and wood working, drawing etc..
My art has given me the ability to stay at home with my children when many people do not have that option. Yes, I have had to pay attention to trends, yes I have had to do production work at times (Heaven forbid! LOL) and yes, my work may have left the jewelry niche and thrown me into a different medium temporarily. Had I not had the skills that I was taught at MECA, however, I would not have had the know how as to how to do the above and I would have been working a 9-5 job, or night hours, instead.
One has to better his/herself in any field, art is no different. One can't blame the school for the degree, that should be researched by the student beforehand. MECA gave me excellent training in many mediums and I got out of it what I put into it. I worked hard and was rewarded with knowledge and useful skills (like how to photograph my work... an important thing for an artist).
I am now finishing up a Masters of Art Teaching at PSU (I live in New Hampshire) so that I can teach artists, myself! If you aren't afraid of working hard and being open to minor shifts then MECA will serve you well. I am proud to say that I went to MECA and have never regretted it!