I studied journalism, of sorts.
My degree was in fact named Bachelor of Arts in Professional Writing (with a double degree in Media studies), so it wasn't "hard nosed" journalism I studied, but more so feature-story writing, which was my favourite subject, and I did other peripheral studies including editing, film, philosophy, and various other arts stuff.
I was in fact, the only person in my graduating class to end up actually working in the writing field, from what I know. Actually, no, that's a lie, one of my friends is now an editor for an online women's magazine thingy (Shesaid.com.au) and has written a book... but most of us found it really, really hard to find jobs after our studies. Not hard - impossible. Even internships or work experience. Perhaps it was the city I lived in - Sydney is the mecca for publishing, not Melbourne.
Staff writing jobs were scarce as hen's teeth and hotly contested in the city - and freelancing was fine if you were lucky enough to have written a fabulous piece and it got accepted, but that money might only last you a month, tops, then you're back scrounging for more work. In fact, in my freelancing days I'd often submit pieces for free, just to get published, to get a portfolio started.
I ended up going back to my country home town and taking a job on the newspaper there... well, actually "taking" the job makes it sound like it was a piece of cake, but let me tell you, even getting a job THERE was hard. I went through 3 interviews and numerous exhaustive writing tests just to get a job on my hometown paper (!), and that was 12 years ago.
I worked for them for 4 years, in the advertising features department, mostly writing lifestyle articles and stories on local businesses, features for the paper on weddings, travel, housing developments, agricultrural festivals, blah blah... anything other than hard news, which suited me fine.
Then I travelled for a few years, and on my return ended up getting into Public relations, which is kind of like the sold-out bastard-child of journalism... you write with an agenda, and get paid by a company to do it. It's fucking awesome money. But it's not art by any stretch of the imagination. Been there 6 years now, and happily sold my soul to the luxury of a 9-5 lifestyle, writing what I'm told to write, being paid handsomely, sucking up corporate butt and pretending I'm still a 'writer' of sorts.
don't know if that helped.... but that's my journalism story!