Paul Greenberg explores the option in a recent NY Times article.
"[. . .] onetime best-selling novelist and story writer Ann Beattie mourned the situation of the modern writer, living in a world where people are more interested in 'being a writer' than in writing itself. 'There are too many of us, and M.F.A. programs graduate more every year, causing publishers to suffer snow-blindness, which has resulted in everyone getting lost,' she lamented."