A company called University of Dreams (oh, the irony) guarantees anyone an unpaid internship placement at the basement bargain price of $7,999. Since I was duped into taking out $40k in loans to attend the three year nightmare also known as law school right before the brink of our country's economic collapse, very little surprises me anymore. I am surprised, however, that colleges and law schools didn't think of this scam first. But I sense that they'll likely get into the act as well when they start noticing desperate students willing to pay a semester's worth of tuition during the summer to work at the school museum or cafeteria.
Back in the good ol' days these unpaid internships were filled by actual full-time workers who received a livable wage and benefits. But honestly, who needs those people anymore when young, college educated students are lining up at the door willing to pay thousands of dollars to work for free with no health insurance or guarantee of a full-time job at the end of the internship? Yes, this really is a dream come true - for universities, corporations, and scam artists like the people who created University of Dreams and the so-called non-profit group The Washington Center. Here is an example of the type of internship you can get at the low price of $8,000:
Take Carmelle Hayes, a junior theater and voice major from Stephens College in Columbia, Mo. The 20-year-old works in her school's costume department and loves being on stage. But her goal is to work in casting.
So Hayes agreed to pay $7,999 to University of Dreams for a casting internship in New York for the summer (she's deciding among three choices) as well as handling her living arrangements.Yep, you read that right. This poor college student just paid University of Dreams $8,000 to spend the summer in a casting internship. College "guidance counselors" tell these kids that it doesn't matter what you major in as long as you're haapppy with what you study. They encourage students to take out a $100k loan to study voice, acting, art, and other majors that will almost certainly land you in the unemployment line in this economy. Voice and art are great things to do as a hobby or as a minor to accompany your pre-med or computer science major, you know, subjects that might lead to one of the few jobs left in America that can pay off those loans. It is sad to see innocent students like Carmelle Hayes duped into paying $8,000 on top of her likely $30k/year college tuition for a casting internship. This is a prime example of why so many students today are unemployed and owe six-figure debt.