I don't think this question can be discussed enough. I vote it the single most important question on this board. People ransom their future to go the film school. People forsake a solid education or a truly employable degree like nursing to pursue a dream of Hollywood. I hope the subject never gets stickied so it can keep popping up for newer members.
I wouldn't call taking film education a "randsom of ones future".
Its the same as any artist. Would taking a Course of Fine arts make you an Artist? Or is it "Essential" for you to take an Arts course to become an Artist?
Its a viable route, one that brings many benefits. Lets not forget, if this Degree is taken in a prestigious University, Like the Tisch New York University, etc. your success or failure reflects on these institutions reputations. Bad reputation, fewer students. Generaly, if you Come out with a degree from these places, at least you have a much bigger possibility of employment in the Academic world.
But this takes time. These are not one year or several months workshops, but full attendance courses that go for years. I think those are worth it. Those so called 1 year courses, for example, like New Yourk Film Acadamy, are probably good to help you learn how to make a film in a practical sense.
What this means is that there are different courses and different approaches to learn about film. I myself went for the Artistic, 5 year academic approach for film and tv with a Fine Arts nod. For the practical, Guerrila and professional way of working on Broadcast and Film, I learned with internships, some arranged by my University with big companies, and by my own guerrila shooting and perserverance. I have no regrets at all for taking that course.
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