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Co-op student Ren Brown works on a project at Kolar Design. Brown is one of more than 5,000 placements expected to earn a collective $35 million in 2007-08.
Photo/Lisa Ventre |
In the 2007-08 school year, UC students held 5,258 jobs through the co-op program --breaking the 5,000 threshold for co-op placements for the first time in the UC program's history.
From 2003 to 2008, participation in co-op at UC rose by more than 23 percent. In that same time span, UC students' collective pay increased from $25 million to $35 million. Currently, the best-paid UC co-ops make as much as $32.88 per hour, with average pay at about $14.25 per hour, up from $10 in 2003. This year, UC co-op students are expected to earn a collective $37 million.
Working around the world
Last year, 1,500 employers around the world hired UC co-ops, compared to 1,300 five years ago. Those students worked in 638 U.S. cities and at least a dozen other countries. Last year alone, UC students tested their skills in Berlin, London, Moscow, Paris, Tokyo, Venice and Zurich.
Jumpstarting futures
Upon graduation, about 66 percent of UC co-op students receive job offers from their co-op employers. Half accept that offer; the other half accept a better offer.
According to the National Commission for Cooperative Education, 95 percent of co-op students have jobs immediately upon graduation, either with their co-op employer or another firm.
University honors co-op founder Herman Schneider
