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College and University Discussion
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[quote=Anonymous][quote=Anonymous]When you graduate from college you get a job and are on your own. I do not want my kid to have to work during the school year. Most career oriented summer jobs these days have become unpaid internships (a very disturbing trend that I hear about from most college going parents). Are there actually any parents with kids in college reading this thread? What are you doing?[/quote] My step son is in college. He doesn't have a summer job. I keep my mouth shut. I work in IT consulting. We have a lot of paid summer interns. For a rising soph with none to min experience we pay $10/hr. If you're good, we'll offer you an opportunity to do documentation during your winter break. All of my projects require documentation. It's not hard, but it's boring and no one likes to do it. If you're good, we'll ask you to come back the following summer. As a rising jr with 1 summer of experience, we'll pay you $15/hr. As a rising sr, we'll pay you $20/hr. If you've been with us for 3 summers, chances are good that we'll offer you a full time job. Starting salary is around $45-$50K. We'll give you 3 weeks PTO and a great health care plan. We'll offer you a small relo package and a small signing bonus. Now, if you take me to lunch prior to accepting the offer, I'll tell you to live at home with mom and dad. Our 1st yr consultants travel 4 days a week. They go home to open their mail, do their laundry, and sleep. I don't care where you live as long as you live close to an airport. I'll tell you to save your money, pay down/off your student loans or save for your first house. After about 3 years, this life gets old. So we move our good consultants into entry level management positions. Now you only have to travel a few times a month. At the same time, you're probably itching to get your masters degree so you can get a better salary. My company does tuition reimbursement. All this is to say that while $10/hr as a soph is not a great wage and there are probably opportunities to make money elsewhere, the long term opportunities are pretty good if you're willing to pay your dues.[/quote]
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