Word: unpaid
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...also important to keep in mind that the number of opportunities for internships might not decrease as much as would be presumed. Since unpaid interns still require resources from companies, the resources previously used for unpaid internships could be turned into wages. Moreover, companies will likely hire additional individuals to complete any work that is absolutely necessary. Finally, those fields that traditionally require job applicants to have completed internships, like journalism, would have to pay students to work for them. This prediction isn’t speculation—within less than a week...
...make the transition away from such internships easier, federal funding should subsidize otherwise unpaid positions at non-profits. These organizations often cannot afford to provide their interns with wages, unlike their for-profit counterparts. This funding would allow students of all backgrounds to consider opportunities outside of the profit sector, and most importantly, ensure that high net worth is not a prerequisite for considering public service as a career option...
...mushrooming number of undergraduates partaking in unpaid internships—up from nine percent in 1992 to 83 percent in 2008—has led many, including President Obama’s Labor Department, to question the legality and the advantages of such employment. Critics argue that the rise of unpaid internships has led to increased socioeconomic disparity, as lower-income students cannot sacrifice a summer salary to participate in such programs and are thus handicapped in the later race for post-collegiate jobs...
...However, unpaid internships confer numerous benefits on employers and interns alike. All that President Obama’s restricting them will do is rob most students of valuable employment experiences while providing no added opportunity to low-income students. That said, many unpaid internships are indeed in violation of existing law, and the law therefore must be revamped to cement the legality of these internships...
Federal regulations that dictate which organizations can and cannot offer unpaid work do little to protect students from labor exploitation and much to deny them opportunity. Currently, an internship must meet six criteria to be legally unpaid. While most of these criteria are sensible enough, one that should be repealed is the stipulation that an internship must offer experience replicable at a vocational school or an academic institution, thus precluding a large number of industries from offering unpaid internships and limiting opportunities for jobseekers. Another worthy of repeal mandates that the employer cannot profit from intern labor. The latter criterion...