ABSTRACT: In the New York area, the floundering economy has caused more than its share of disquiet, particularly among performing arts students who are hoping things will improve by the time they graduate.While experts point to tenuous rebounds in the stock market and consumer spending as signs of a recovery, the recession is far from over in the education sector. This is especially true for New York state schools, most of which have weathered across-the-board budget cuts due to the state’s massive deficit.