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Internships for Sale

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Internships can be great additions to college applications and give applicants an edge over other students. According to this June 10 Wall Street Journal article, in the never-ending attempt to help their children gain that edge, parents are now buying internships at fundraising auctions*.

Morgan Stanely, NBC, Miramax, WebMD, Electronic Arts and many other companies have all donated internships, usually to elite private schools. These internships can bring in big bucks for schools. For example, the Journal reports that the Brunswick School in Greenwich, Conn., raised more than $800,000 for its scholarship fund through its annual spring auction in which eight internships were offered for bid.

College administrators don't ask how applicants obtained an internship, but assume that an "...internship normally is the result of some sort of initiative that the student has taken on his or her own behalf," according to one admissions officer.

UK's Guardian Unlimited also featured a similar article on NSPCC's dream auction in May that auctioned off real work opportunities instead of internships.

*Link is to an article preview. Full article requires subscription to the Wall Street Journal online.

1 Comment

It sounds like these "internships" are being sold, not donated. It is like the NFL "donating" to a football program.
I don't have a problem with companies buying workers, just with the calling of it internships.
The donating part is probably a tax credit. It is kind of a win-win situation for the schools that get the "internships" and the companies that provide them, but a loss of revenue for local and federal tax authorities.

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  • r. Frangione: It sounds like these "internships" are being sold, not donated. read more




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