This is really interesting and I think very exciting for students attending a smaller state college to participate in paid internships while still on campus. It is a win for the university, in that the investment comes from outside the state and tuition funds, and it is a win for the company in attracting talent to the company.
I wonder if we will see more of this.
It isn’t even the first one in Illinois by a credit card company this year. http://researchpark.illinois.edu/news/synchrony-emerging-technology-center-research-park
Now if only Illinois colleges were affordable for Illinois residents … though NIU is MUCH more affordable than UIUC, and it is in driving distance for many Chicago suburbs. It is a good sign, I think.
And there’s this from UIUC:
https://poetsandquantsforundergrads.com/2018/05/09/illinois-gets-5-million-for-entrepreneurship/