It is tough out there. I have a relative with a theater degree (double major with communications). That person worked at a large theme park that has many stage shows. There are about ten stages with live performances, featuring singers, dancers, acrobats, musicians, actors.
Every two months there are open auditions. There are usually 200 to 300 applicants. Maybe ten get offered jobs. For the most part these are relatively low paying, seasonal jobs with no benefits, no paid vacation, no sick days. Those 10 are the winners of that job lottery. Some are like my relative, top tier graduates from top tier arts program, really smart, really hard working. Wow, I would not wish it on anyone, but it is what it is.
Sometimes there are regrets as to choice of major. Who knew the great recession would come, and stay? This isn't 1970 (or whatever year), when a music major could do music and then fall back to a corporate job.
It isn't that much better for many other majors. There are likely 100 applicants for every entry level corporate job opening as well, and those careers are no where near as interesting sounding. I have another relative who got a degree in Economics and then despaired of finding a job with that degree and went back to school.
Law degree? Good luck with that and paying six figures worth of student loans when there are severe cut backs in the number of entry level lawyer jobs. Veterinarian? Sounds good, and a job is likely, but it might be for $12 to $18 an hour with $200,000 in loans from eight years of school to pay back.