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.

The company they used is called “University of Dreams,” which specializes in making students’ intern dreams come true. “Students don’t have problems finding internships, students have problems getting internships,” explained Eric Normington, the company’s chief marketing officer. “We can secure those exclusive positions.” The ,000 program promises guaranteed internship placement for the summer, eight weeks of housing, five meals a week, New York City tours and seminars. This year, the company placed 1,600 student interns in 13 cities world-wide. The student intern program is beneficial for employers because they get qualified prospects who show up ready to give the job their best shot because they’ve invested in the opportunity.

A 2009 Vault survey on internships reported that 64% percent of college students said they were offered a full time job at a company after their summer internships concluded. The survey concluded that summers are a great time for students to further their careers. Even so, About half of internships for students were unpaid, Vault found, which makes it difficult for some students to take advantage of these offers and still pay rent. It’s not worth the few thousand they would have made at another job, Vault advises, because they will earn better wages in the long run.

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