3 ms·
I think you're missing what's actually happening here. In these cases, the students are paying the university for a "registration credit," in order to legalize
by antiterra 16y ago
I think you're missing what's actually happening here. In these cases, the students are paying the university for a "registration credit," in order to legalize work without pay. The provider of the internship does not receive this money, and the amount is, more or less, arbitrarily decided by the academic institution. The amount the student pays is therefore cushioned and abstracted from the sort of market forces you describe.
- ShabbyDoo 16y agoI agree with you, but my point was only that paying (or simply taking a loss by paying rent in NYC for the Summer) might actually be rational on the student's part. Whether or not the firm receives the payment makes little difference to me in this case although I do appreciate the distinction. My comment about Google charging certainly could have led one astray.