The advantages of studying art could be that it gives us the possibility to feel happy and full when doing what we really like; learn to communicate and express and be able to create and develop projects of our own. But also, studying art is a brave choice because working and living in art is complicated, this could be the greatest disadvantage.
I think the career is well known, but I don't think that's relevant. Everyone knows that it exists, but also everyone (or the majority) believes that it's not a useful or important career. For the same reason, to study art, I believe that the most important thing is to have passion, will and perseverance.
Studying art offers many personal benefits, there are many workshops in the university (my plan is to participate in several to learn the technique and be able to mix what I know according my interests).
Also, meet a lot of interesting people with interesting thoughts and it is fun to share reflections or experiences with people like that. Personally, I really like the atmosphere in this university.
MMM, I do not know much about the professional benefits of studying art (yet) At the moment, I haven't thought much about the future, about where I can work, and less how much money I'm going to earn. I'm more focused on learning now.