<p>Note as well that participating in the typical three co-ops will keep you there for <em>at least</em> five years. Tuition costs rise every year, well ahead of the inflation rate. </p>
<p>Lately, the poor economy has forced some companies to reduce or eliminate co-op positions, making them less of a sure thing. Former employers Merrill Lynch and Lehman Brothers aren’t even around anymore. I know an engineer who was promised a permanent, post-graduation job with this co-op, but the firm’s financial situation prompted it to rescind the offer. He’s been making sandwiches in Cambridge for about half a year now.</p>
<p>If you’re going into engineering, your time on co-op does NOT count toward the required years you must spend as an engineer-in-training before you can sit for the PE exam. A lot of engineering students go out on their first co-op before taking any actual engineering courses, so you can guess how much responsibility they are given. </p>
<p>Even with its crappy pay, the Boston Globe was pretty much the Holy Grail of the journalism co-op program (for the reason that there isn’t much else), even if it was unlikely they’d let you actually write much, if at all. The paper’s cash flow has plummeted to crisis-levels, their budget’s been slashed by millions and there’s been talk of it shuttering completely, so that’s not such a sure thing anymore, either. </p>
<p>Some of the most-coveted co-ops–ABC, Disney, MTV, CBS, N.E. Patriots, FOX–pay little or nothing; they don’t have to. A lot of them are in pricey NYC, and yes, you’ll most likely have to work out living arrangements on your own. </p>
<p>You can see for yourself on the review sites I’ve posted, but a lot of co-op jobs are pretty disappointing:</p>
<p>Emporio Armani: sales clerk/rep or security guard at the retail store down the road
Neiman Marcus: sales clerk/rep
Snell Library: co-op in the Northeastern Library
Curry Student Center: manning the info desk in Northeastern’s Curry Student Center
Dell: stand on college campuses handing out pens and trying to sell computers to college kids
Foster Miller: testing switches as they roll off the assembly line…to make sure they, you know, switch</p>
<p>I have a friend who is majoring in linguistics. Her co-op? Changing diapers at a daycare center. Another sold souvenir pins at Disney World for ~$16/week take-home pay. All of the rest was taken out of her paycheck to cover Disney housing (trailers) and crappy food. Before beginning your co-op, Disney/ABC will show you a print-out of their extensive family tree of related and subsidiary companies, all of which you will never, ever in your life work for, should your performance on co-op **** them off.</p>