"The Tuck School of Business at Dartmouth College hopes to give its first-year students an advantage by offering private equity firms that hire them for the summer an added bonus in the form of a salary subsidy, the Wall Street Journal reports. With private equity firms focused on trimming expenses, and in some cases personnel, finding a summer internship in this economy can be tough going. This special program will pay up to half of a student intern’s salary if a private equity firm or portfolio company takes them on as a summer associate, according to Colin Blaydon, who mentioned the program at a recent event sponsored by the Association for Corporate Growth’s Boston chapter, WSJ reveals..."
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Source: Stacy Blackman