<p>Co-ops are an amazing opportunity and I don’t know the actually statistics, but a very, very high percentage of them result in a permanent position after the co-op is over (with the same company naturally) If you don’t want to stay with this company, you will look like someone 1 year out of college instead of right out of college. I would think it would have to be an advantage. NU has a summary on how the co-op works – because you are working some quarters, it takes 5 years to graduate. The chart shows which quarters you are off. It also describes the pay which is not insignificant. I think you start at 50% of usual starting salaries in your first co-op quarter and go up each quarter you work. </p>