credit cards for college students
Unpaid Internships Not Just For College Students Anymore
Many businesses are learning that they can get unemployed people to work for free in exchange for experience. The federal government has suggested changing regulations to stem the pattern, which could weaken wages and employment long term. If that is so, companies pushing the limits of unpaid labor could end up paying for the practice of having individuals work for free.
Pay nothing for a worker
College graduates are not the only ones attempting to get unpaid internships right now. With the economy only creating enough jobs for one-sixth of the nation’s almost 14 million unemployed, seasoned workers are joining the ranks of unpaid labor. It’s easy to figure out that workers are being exploited in all areas where they are working for free to hopefully get a paying job by simply going on to Craigslist even though there are unpaid labor official statistics. unpaid workers can gain valuable experience, references and keep away from a glaring gap in their resumes, however some businesses get what they pay for. Unpaid workers aren’t easy to handle while paying an employee is much easier sometimes.
Internship without pay
The federal government has noticed that, since the recession, there have been more individuals taking illegal unpaid labor. Last April, “Not So Equal Protection — Reforming the Regulation of Student Internships,” was an Economic Policy Institute report issued. The point of the report was to get unpaid internship regulation on a federal level. To be able to keep a healthy labor market and stop wages from going down anymore after the 40 years of decrease on top of keeping unpaid workers protected, the unpaid internship regulation has to be reformed, suggests the report. Businesses are encouraged to do more internship rather than hiring workers because of the lack of regulation making it simple to hire unpaid workers.
Not paying for labor has regulations
In spite of the institute’s call for more government regulation, federal and state rules require that workers must be paid the minimum wage and overtime. Larger companies preparing to take advantage of unpaid labor must follow provisions in the Fair labor Standards Act. An internship cannot replace a paid position while benefiting the intern more than the business in accordance with the FLSA. Back pay is required when a business is caught doing this. The company also has to pay $1,100 per violation and all of the damages. However the FLSA doesn’t apply to smaller businesses — corporations with less than $500,000 in annual revenue — the sector that does the majority of the hiring in the U.S. The FLSA exemption is forfeited by a business if it does interstate commerce as simple as taking credit cards and calling another state.
Citations
Fortune
management.fortune.cnn.com/2011/03/25/unpaid-jobs-the-new-normal/
Inc.com
inc.com/news/articles/2010/04/what-unpaid-interns-could-cost-you.html
The Hoya
thehoya.com/news/interns-pick-experience-over-pay-1.2124349
Credit Cards Cause Long-Term Problems for College Students
Can I get a college student credit card?
I want to apply for a college student credit card, but I’m a senior in high school and I already got accepted into that college. So what should I do, apply and say that I go there?
Odds are you can’t because you would need some credit history. Very little banks are offering credit cards without a security deposit. Try capital one first and if that doesn’t work be prepared to loan a bank $300 for 6-12 months. They might want proof you go to college, or they might not depends on your luck
these are the cards that you will most likely be accepted for from capital one the higher your annual fee the higher your acceptance rate.
http://www.capitalone.com/creditcards/products/young-adults/?linkid=WWW_0608_CARD_TGUNS06_CCPCP_H3_08_T_CCPYA