If you’re one of those students who found an internship this past summer, you may have found that you’ve returned poorer because of it.
Nowadays, internships are considered a requirement. In fact, we feel so pressured to build up our resumes that more and more of us have been accepting unpaid internships in expensive metropolitan areas.
It doesn’t take a math major to realize that if you’re an unpaid employee, expenses like rent and meals in a city like New York will quickly put you in the red.
Just a monthly metro card will put you back more than $100. A business lunch?
Easily around $20.
About 75 percent of students at four-year schools will take at least one internship, but only half of them will be paid, according to Ross Perlin’s “Intern Nation.”
There are between one and two million Americans working as interns every year. Yes, I realize that’s a difference of one million interns, but that’s because neither the U.S. Labor Department nor the Census Bureau accounts for these internships. As The New York Times reported, the Labor Department has stepped up enforcement as these internships grow more common. But many of us still find ourselves doing full-time, back-breaking internships for little or nothing.
This isn’t only cruel; it can also be illegal.
According to the Fair Labor Standards Act, an unpaid internship is legal only if the intern is given substantial training, if the intern is not replacing a regular employee and if there’s a clear understanding that money won’t be changing hands.