Students now paying for internships

Phokus

Lifer
Nov 20, 1999
22,994
779
126
With paying jobs so hard to get in this weak market, a lot of college graduates would gladly settle for a nonpaying internship. But even then, they are competing with laid-off employees with far more experience.

So growing numbers of new graduates ? or, more often, their parents ? are paying thousands of dollars to services that help them land internships.

Call these unpaid internships that you pay for.

?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. At this point, all we can do is teach students to understand that they?re paying and to ask the right questions.?

Not that the parents are complaining. Andrew Topel?s parents paid $8,000 this year to a service that helped their son, a junior at the University of Tampa, get a summer job as an assistant at Ford Models, a top agency in New York.

?It would?ve been awfully difficult? to get a job like that, said Andrew?s father, Avrim Topel, ?without having a friend or knowing somebody with a personal contact.? Andrew completed the eight-week internship in July and was invited to return for another summer or to interview for a job after graduation.

Andrew?s parents used a company called the University of Dreams, the largest and most visible player in an industry that has boomed in recent years as internship experience has become a near-necessity on any competitive entry-level résumé.

The company says it saw a spike in interest this year due to the downturn, as the number of applicants surged above 9,000, 30 percent higher than in 2008. And unlike prior years, the company says, a significant number of its clients were recent graduates, rather than the usual college juniors.

The program advertises a guaranteed internship placement, eight weeks of summer housing, five meals a week, seminars and tours around New York City for $7,999. It has a full-time staff of 45, and says it placed 1,600 student interns in 13 cities around the world this year, charging up to $9,450 for a program in London and as little as $5,499 in Costa Rica.

The money goes to the University of Dreams and the other middlemen like it. Officials at the company say they are able to wrangle hard-to-get internships for their clients because they have developed extensive working relationships with a variety of employers. They also have an aggressive staff who know who to call where. Their network of contacts, they say, is often as crucial as hard work in professional advancement.

?Students don?t have problems finding internships, students have problems getting internships,? Eric Normington, the company?s chief marketing officer, said by telephone from Hong Kong where he was overseeing the local program. ?We can secure those exclusive positions.?

Employers say the middlemen save them time and hassle. ?They make the search process a lot easier,? said Sarah Cirkiel, the chief executive of Pitch Control Public Relations, a small New York firm that started four years ago and has taken in 20 summer interns all from the University of Dreams. ?I feel like they hand-select their interns for the specific agencies to make sure it?s the right fit. They just show up at our doorstep, ready to go.?

But many educators and students argue that while the programs bridge one gulf ? between those who have degrees from prestigious colleges or family connections and those who do not ? only to create a new one, between the students who have parents willing and able to buy their children better job prospects and those who do not.

?You?re going to increase that divide early, on families that understand that investment process and will pay and the families that don?t,? said Anthony Antonio, a professor of education at Stanford University. ?This is just ratcheting it up another notch, which is quite frightening.?

Julia McDonald, the career services director at Florida State University, questioned the need for these programs. ?The economy has had an impact, but there are more than enough internship opportunities out there still,? she said. ?That?s like buying a luxury car.?

Other college advisers cautioned that while the desire to help is understandable, parents who pay for an internship program are depriving their children of the chance to develop job-seeking skills or to taste rejection before they have to fend for themselves.

The industry dismisses the criticism.

?Universities forget that they themselves are, in essence, businesses,? said C. Mason Gates, the president of Internships.com, an online placement service. ?Just because they?re doing it in a nonprofit fashion doesn?t mean that those of us doing it for profit are doing it incorrectly.?

The University of Dreams has several smaller competitors. One is the Washington Center, which places students at institutions like Amnesty International and the Canadian Embassy in Washington. The center is a nonprofit but charges summer participants a $5,195 program fee on top of a $60 application fee. If students choose to pay $3,395 for 10 weeks of prearranged housing ? and more than 90 percent do, the center said ? the total comes to $8,650.

Online start-ups that match students with internships have joined in, too, as have auction services that have sold internships worth thousands of dollars.

Francois Goffinet entered the University of Dreams program in 2007 as a student at the College of William & Mary, he said, because he wanted an internship at a top bank but those banks did not recruit at colleges like his. The University of Dreams advisers polished Francois?s résumé. They coached him on interviews and then helped him secure an internship at UBS, which he then converted into a job offer.

?We wanted the biggest and the best,? Francois?s mother, Lynn Andrews, recalled. ?No one had the direct route.?

http://www.nytimes.com/2009/08...business/09intern.html

As if the rich/poor divide couldn't get any worse. There was an older article, i wish i could find, about how wall street (before the bubble burst anyway) started to really be big on charitable work, so while the normal undergrads did part-time work or maybe a paid/unpaid internship, the parents of the rich kids would pay for trips to africa to start big time projects to help reduce malaria or whatever, and they were the ones who got into these companies.

 

Schadenfroh

Elite Member
Mar 8, 2003
38,416
4
0
Yikes...

Glad I was able to swing an internship with Army R&D over at Redstone Arsenal over the summer. They paid me adequately (for an intern in an area with low living expenses), met some good people, received solid work experience, learned a good bit and acquired a new reference for my resume. Was lucky that my last day was orientation flight day for the employees and some soldiers flew us around in a UH1 with the door open (seat belts on), it was sweet. Hopefully, the contacts I made during my time there can help me land a DoD job once I get my masters.
 

magomago

Lifer
Sep 28, 2002
10,973
14
76
Not suprised. When even internships are asking for other internships/experience, the massive demand for these jobs will open up new business opportunities for companies to essentially act as middle men.

An intern was supposed to aid you in finding a job because it asks for a plus....more and more it seems like its required for many entry level positions....which isn't what should happen
 

nageov3t

Lifer
Feb 18, 2004
42,808
83
91
doesn't really surprise me at all... I pretty much gave up on doing what I went to school for when I graduated and found out that without an internship or an in, it was pretty much impossible to get into the field (and just financially, I was never in a position where I could afford to not work for an entire summer)
 

nonameo

Diamond Member
Mar 13, 2006
5,902
2
76
This is a big problem in dietetics. While there are some internships out there that pay, most of them you have to pay for. And they aren't cheap at all. In dietetics, an internship(900 hours) is required before you can sit for the RD exam.

Not only that, but the pay isn't great(as far as healthcare jobs go) for them either. It's not the pay of the job that has turned me away(well, in a way yes ...), but I just can't afford to have that much debt and not have the pay to pay off those debts with.
 
Oct 30, 2004
11,442
32
91
Originally posted by: PhokusAs if the rich/poor divide couldn't get any worse. There was an older article, i wish i could find, about how wall street (before the bubble burst anyway) started to really be big on charitable work, so while the normal undergrads did part-time work or maybe a paid/unpaid internship, the parents of the rich kids would pay for trips to africa to start big time projects to help reduce malaria or whatever, and they were the ones who got into these companies.

The main point of controversy that people seem to be latching onto is the rich/poor divide.

However, the real underlying issue is whether or not college education still has economic value and whether we are overproducing college graduates who will never make use of their college education, ending up either unemployed or involuntarily-underemployed-out-of-field, which constitutes a huge amount of economic waste for our society. That people cannot find actual paying jobs with their college education and that it's so bad that people are paying (!!!) to work suggests that perhaps it's time to reduce the number of colleges and universities.
 

spidey07

No Lifer
Aug 4, 2000
65,469
5
76
What a load of shit.

All good companies partner with colleges to offer internship programs. If you can't land one of those then you suck. Supply/demand, live it, learn it, love it.

The interns we get are nothing more than 20 something children and then they are suprised when we just give them a pitance check and no work. Most of them are totally worthless. But when you do find a good one, somebody that actually has a work ethic and a motivation to succeed then we keep them. Otherwise we ship them back to mommy.
 

Phokus

Lifer
Nov 20, 1999
22,994
779
126
Originally posted by: spidey07
What a load of shit.

All good companies partner with colleges to offer internship programs. If you can't land one of those then you suck. Supply/demand, live it, learn it, love it.

The interns we get are nothing more than 20 something children and then they are suprised when we just give them a pitance check and no work. Most of them are totally worthless. But when you do find a good one, somebody that actually has a work ethic and a motivation to succeed then we keep them. Otherwise we ship them back to mommy.

Yeah well, lets see, the economy went to shit and is still recovering and it appears (from the article at least) that college kids are competing for these internships with out of work people who are desperate for anything right now. Hell, without full time jobs for many of these college kids, they're just going for unpaid internships after graduating, the demand must far outstrip the supply of these internships.

My company is the leader in it's industry and i think we cut co-ops and interns

 

JSt0rm

Lifer
Sep 5, 2000
27,399
3,948
126
Originally posted by: loki8481
doesn't really surprise me at all... I pretty much gave up on doing what I went to school for when I graduated and found out that without an internship or an in, it was pretty much impossible to get into the field (and just financially, I was never in a position where I could afford to not work for an entire summer)

just out of interest what was that?
 

Jeff7

Lifer
Jan 4, 2001
41,596
20
81
*shrug*
I got paid $12/hr for an internship, and was eventually hired by the company full-time.

Granted, it's a small company, it's no "top agency," and I didn't get paid housing, meals, or tours of a city, but, well, I didn't pay $8k. My cost to get it: Less than a gallon of gas to drive to the facility.


I suppose if I would have really tried to get in at some other, larger companies, I'd have gotten more. I've seen some pay $17.50+/hr for junior- or senior-level college student interns. But I do like the company I'm at. The pay isn't top-notch, but the working environment easily than makes up for it.


<--- Mechanical engineering technology major. :)


 

magomago

Lifer
Sep 28, 2002
10,973
14
76
Originally posted by: spidey07
What a load of shit.

All good companies partner with colleges to offer internship programs. If you can't land one of those then you suck. Supply/demand, live it, learn it, love it.

The interns we get are nothing more than 20 something children and then they are suprised when we just give them a pitance check and no work. Most of them are totally worthless. But when you do find a good one, somebody that actually has a work ethic and a motivation to succeed then we keep them. Otherwise we ship them back to mommy.

What years did you attend college to actually say that? The demand FAAAARRRRR outweighs the supply.
 

MotF Bane

No Lifer
Dec 22, 2006
60,801
10
0
Originally posted by: soccerballtux
This is Obama's economy now, he's had his $1T stimulus and we're still doing terrible. So much for change.

Nobody mentioned Obama or Bush at all yet in this thread, and you just had to start it.
 
Oct 30, 2004
11,442
32
91
Originally posted by: MotF BaneNobody mentioned Obama or Bush at all yet in this thread, and you just had to start it.

It was...inevitable...

...We elected a black guy to clean up a dumb white guy's mess...so a lot of shit is going to be piled onto him.
 

nageov3t

Lifer
Feb 18, 2004
42,808
83
91
Originally posted by: JSt0rm01
Originally posted by: loki8481
doesn't really surprise me at all... I pretty much gave up on doing what I went to school for when I graduated and found out that without an internship or an in, it was pretty much impossible to get into the field (and just financially, I was never in a position where I could afford to not work for an entire summer)

just out of interest what was that?

publishing

in retrospect, with the current state of the print media industry, I'm glad it didn't work out.
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Originally posted by: spidey07
What a load of shit.

All good companies partner with colleges to offer internship programs. If you can't land one of those then you suck. Supply/demand, live it, learn it, love it.

The interns we get are nothing more than 20 something children and then they are suprised when we just give them a pitance check and no work. Most of them are totally worthless. But when you do find a good one, somebody that actually has a work ethic and a motivation to succeed then we keep them. Otherwise we ship them back to mommy.
lmao

As if the rich/poor divide couldn't get any worse.

Somebody wants a job at a model place in NY, that is such a cliche, I'm not surprised Daddy had to pay $8k over.

My company constantly has interns. And, believe it or not, they are paid! Of course, they're doing real work, not some bullsh*t at a model agency.
 

TruePaige

Diamond Member
Oct 22, 2006
9,874
2
0
Originally posted by: Skoorb
Originally posted by: spidey07
What a load of shit.

All good companies partner with colleges to offer internship programs. If you can't land one of those then you suck. Supply/demand, live it, learn it, love it.

The interns we get are nothing more than 20 something children and then they are suprised when we just give them a pitance check and no work. Most of them are totally worthless. But when you do find a good one, somebody that actually has a work ethic and a motivation to succeed then we keep them. Otherwise we ship them back to mommy.
lmao

As if the rich/poor divide couldn't get any worse.

Somebody wants a job at a model place in NY, that is such a cliche, I'm not surprised Daddy had to pay $8k over.

My company constantly has interns. And, believe it or not, they are paid! Of course, they're doing real work, not some bullsh*t at a model agency.

No way, you pay people to work?!

You are getting hosed. ;)