Macalester College (MN), Amherst College (MA), Pace University (NY), and the University of Chicago are among a growing number of institutions that offer stipends to students who pursue unpaid internships.

The strategy, featured in a recent New York Times article, is growing in popularity because it allows low- and middle-income students to foster critical connections in their field of interest without worrying about making ends meet. According to data from the National Association of Colleges and Employers, roughly half of all interns are offered a job by the company where they worked.

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