J-school numbers are growing, but how will the next crop find work?

Advances in technology means the next crop of journalists have more opportunities for connecting with readers.
But the media industry's turmoil has left them searching for ways to make a living from the craft, according to reports from the Associated Press.
Although a recent survey says only six in 10 journalism graduates were able to find employment within one year of leaving school, the programs are granting more degrees than ever.
How does the growing number of those seeking a career in journalism play out with the current realities of the industry?
Check out this anecdote from the story:

At 21, Alana Taylor has already seen her career in journalism transformed and perhaps cut short by the technology reshaping the news business. She arrived at New York University four years ago thinking about a career in magazines. That morphed quickly to blogging, the faster way to get her writing noticed, she thought. But realizing that $15 per post wasn't going to pay rent and grocery bills, she took a job with a tech startup this summer in a market research gig. For now, Taylor considers journalism a hobby. "I try to keep freelancing on my mind," she said, but the few opportunities that come along tend to pay little if anything.