Thanks for your service, and welcome.
Many major newspapers/media outlets have laid off/fired all their photographers - even SI did I think and went freelance. The Chicago Sun Times gave their reporters cell phones... that apparently didn't last long since they brought back and contracted freelance many of their former full time staff photographers. But of course that doesn't give them a salary, benefits, etc.
I think it could turn around
someday because there seem to be problems already contracting freelance with people with cameras. But it will depend I think on newspapers even staying in business and if/when media outlets might decide it was better hiring staff to maintain their journalistic ethics and quality standards. But I wouldn't hold your breath, I wouldn't expect if things would change it would be anytime soon. Anyway for that you'd need a degree in PR/media relations or journalism more than art.
I always took a lot of art in school but I don't know what someone might do with an art degree unless they wanted to teach art or at college level. I'm not familiar with the one art school you mentioned but the Art Institutes are everywhere, there's one in my area (I recognized the logo). At best you'd get some classes in some field of art but the reputation is nothing special; just discovered the one here got put 'On Notice' meaning they're in danger of losing their accreditation. Those type schools are usually accredited for distance learning, or as a career/tech school (formerly vocational schools) which can be a way for someone to get some training for a particular type job but it doesn't issue a college degree. I've seen some called 'bachelors' degrees but they aren't a 4 year university degree.
I would think it might be worth checking into anything in your area that might be holding a job fair, or a seminar on changing careers or re-entering the workforce, etc. Saw a lot of those being held the past few years. You probably need to find out what would be some viable options. I don't think there ever were a lot of existing jobs as photographers but now it's really slim pickin's. (And 'everybody' saw that National Parks job that went viral, if it's the same one.)
I'd take a look at
American Society of Media Photographers or PPA for resources, ASMP does webinars (free, don't have to be a member, just sign up and they email the link - I've done some, last an hour). They often deal with the challenges photographers have in trying to stay in business. Or maybe the Photo District News
Photo Magazine | Professional Photography Industry News and Resources , they have some job listings and list agencies, etc. Might help figuring out what might be a viable option but I don't think there's much in the way of existing jobs.