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Northwestern's Co-Op Program?

liv4physiczliv4physicz - Posts: 2,295 Senior Member
edited January 2011 in Northwestern University
Is it true that being involved in NU's co-op program can earn you $50,000 - $80,000 per year?
Post edited by liv4physicz on

Replies to: Northwestern's Co-Op Program?

  • averbyaverby Registered User Posts: 305 Member
    Not sure about that but students typically earn 10-15 dollars/hour.
    Keep in mind that a student who participates in the coop program graduates in five years, and one quarter out of the three you spend in NU is dedicated to the coop. (Lasts for three years, starting junior year)
    And while you are in the coop program for that one quarter, you do not have to pay tuition, however you do have to pay for housing/dining so the money you actually earn is reduced.
    The main reason students do the coop program is for the real world experience, not for the money.
  • liv4physiczliv4physicz - Posts: 2,295 Senior Member
    Wait, so what year do you start the co-op, and for how many years of tuition do you pay?
  • averbyaverby Registered User Posts: 305 Member
    You pay for two semesters of tuition a year for three years, starting Junior year. One whole semester is dedicated to coop.
  • liv4physiczliv4physicz - Posts: 2,295 Senior Member
    One whole quarter, you mean. Do you attend NU?
  • Sam LeeSam Lee Registered User Posts: 9,449 Senior Member
    Since co-ops don't work for the whole year, they of course don't make 50k-80k or whatever per year. But please check out the following:
    Salary Options: McCormick Office of Career Development: McCormick School of Engineering, Northwestern University

    You make some money during co-op but unless you live with your parents at the same time, you won't have much savings after deducting all the living expenses. Co-op is *not* a way to finance your education if that's what you were thinking.

    What's nice about co-op is an offer is pretty much in your bag if you do a semi-decent job throughout the co-op. You get substantial working experience and the edge over others in your job search (if you want to work for a different employer) while your debt has been kept at the same amount.
This discussion has been closed.