The further along students are in their work toward a degree, and the more advanced the degree, the greater their salary will be during an experiential education assignment, according to NACE’s 2016 Guide to Compensation for Interns & Co-ops.
The average hourly wage rate for 2016 interns and co-ops enrolled in bachelor’s-degree programs has dropped from 2010 in terms of real dollars, according to results of NACE’s 2016 Internship & Co-op Survey.
This paper examines the characteristics of a legitimate internship and the conditions under which such an experience can be engaged on an unpaid basis.
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