Over the last three years, the Strategic National Arts Alumni Project (SNAAP) has surveyed over 92,000 arts graduates from over 150 institutions. SNAAP's first three annual reports focused on dispelling myths about arts alumni, demonstrating that these graduates have found meaningful employment, are satisfied with their lives, and are pleased that they chose to go to an arts school. These reports also revealed the ways in which arts alumni feel their institutions could have improved their educational experiences -- for instance, by offering entrepreneurial and financial training, and by expanding their career-related services. Last year's report demonstrated that arts schools afford some unique advantages for women, minorities, and students from lower socioeconomic status groups, even while significant gaps and inequalities persist in enrollment,debt and earnings. SNAAP's 2014 Annual Report focuses on the experiences and prospects of recent arts graduates combining responses from the 2011, 2012, and 2013 SNAAP surveys. Each fall and spring, matriculating and graduating students in the arts and humanities face a withering assault of criticism about the value of their training Liberal arts graduates -- and arts graduates in particular -- are told, often on shaky evidence, that they face a perilous future -- that their training has left the without many marketable skills as they enter a tight, post-recession labor market.