College earnings & internships

468051282

468051282

One of the biggest way to impact your personal financial portfolio over your lifetime involves the decisions you make concerning your education. According to the US Department of Labor, graduating with even an Associates degree will increase your weekly earnings 25% over those with a high school diploma, and at the same time reduce your risk of unemployment by almost 1/3. Schools that offer internship programs, such as the Gibbs Norwalk location, further benefit the graduate immediately by increasing the likelihood of entering directly into the workforce in the field for which training was received.

The relationship your chosen school has with the community is one factor to be considered, especially if you plan to remain in the same area after graduation. Having a good reputation for producing capable graduates improves your prospects for employment after graduation, and the school’s career services can often help.

Even if you don’t plan to remain in the area, a school that offers internship opportunities give you a big advantage, even in fields where internship is not strictly required. Lack of work experience is the main factor that limits college graduates in their employment opportunities, as well as decreases the starting pay. Being able to point to work experience within the chosen field may set you ahead of other applicants, and might even garner you a higher starting salary, giving you a boost up in your earning potential that you might otherwise have to wait a couple of years to enjoy.

Another advantage of internships are the opportunity to discover whether or not you really are suited to work in a particular field and will enjoy your work. Participating in work internships early on in your college career will allow you to change majors before too many credits are wasted, if that turns out to be your decision.

Internships may be paid, in some cases, providing you with some additional income, but in many cases they are unpaid positions. College credit can often be received for work as an intern, however, so there are other monetary advantages besides compensation.

Overall, internship programs are something to consider in your college career.

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