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Access to and Returns from Unpaid Graduate Internships

Angus Holford ()

No 10845, IZA Discussion Papers from Institute for the Study of Labor (IZA)

Abstract: We use the Destination of Leavers from Higher Education Survey (DLHE) to estimate the socio-economic gradient in access to unpaid internships among English and Welsh graduates six months after completing their first degree, and the return to this internship experience 3 years later in terms of salary, occupation, contract type and career satisfaction. We show a significant salary penalty at 3.5 years after graduation compared with those going straight into paid work or further study, but also that graduates from higher socio-economic status have an advantage in accessing internships while being significantly insulated from their negative effects.

Keywords: higher education; internships; human capital; job satisfaction (search for similar items in EconPapers)
JEL-codes: J24 J28 J31 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eur and nep-lma
Date: 2017-06
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Working Paper: Access to and returns from unpaid graduate internships (2017) Downloads
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