How Can Internship Help Students
Imagine spending the summer in a foreign country, working and being immersed in another country’s culture. A nonprofit group called “European Study Abroad” is working at bringing Americans to Europe to experience internships in cities like Dublin and London. This year, they brought 24 students over, but they’re looking at expanding the internships program further. Since the American job market is so competitive right now, students are relieved to see how other people live. More information can be found on this program at www.eusa-edu.com.
There are many different kinds of internships for those who will work for free, but some wonder if the paying types have gone extinct. “We used to pay, but we’re not doing that anymore,” explained Tom Triozzi, senior VP of BellAtlantic. “We ask them to work for free for a great work experience.” In this economy, even the competition for unpaid student intern positions has become so fierce that the NY Times reported some students are actually paying for their unpaid internship positions! “It’s kind of crazy,” said David Gaston, director of the University of Kansas career center. “The demand for internships in the past 5, 10 years has opened up this huge market.” One student’s parents paid $8,000 to get him an unpaid internship at Ford Models this summer, which was an opportunity, his parents say, he wouldn’t have gotten otherwise.
Some students wonder, “Is it really worth paying for unpaid internships?” Well, positions are sparse. The National Association of Colleges and Employers says that overall, summer internships have decreased by 21% since last year as companies trim their budgets. Competition is so fierce that 9,000 applicants paid the “University of Dreams” up to ,000 to get a guaranteed internship position this year (which is up 30% from 2008). Even so, students who have to work for economic hardship reasons are finding it nearly impossible to compete in such a market.
In addition to unpaid internships, there are still paid internship opportunities available. The most exclusive paid opportunities include the New York Times, NASA, the White House, Google, Microsoft, Nike, St. Jude Medical Hospital, Walt Disney, PriceWaterhouseCoopers and Teach For America. Students can expect to work like dogs and fight off fierce competition for these positions, however. Yet given the increased importance in assembling “real world experience” prior to graduation, sitting around all summer long just simply isn’t wise.
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