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Showing posts with the label financial success

Women: Think You'll Get Paid for College Internships? Think Again

  This probably won't come as a surprise to anyone but women are less likely to receive pay for internships than men. According to newswise.com, t he odds of women receiving pay for a college internship are 34% lower than for men, claims new research from Binghamton University, State University of New York. "A team of researchers led by Binghamton University Assistant Professor of Student Affairs Administration John Zilvinskis sought to find out whether women and other under-served groups were more or less likely to participate in paid or unpaid internships in college compared with their peers," newswise says. This issue was examined because paid internships often lead to higher paying positions post-graduation and that women continue to earn less than men for the same position despite their level of education. Of the 2,410 seniors who participated in internships, 58% of men received pay during their internships, whereas only 35% of women received pay.  “This finding ali...

Wealthy? You're Probably Lonely

So you've lost everything in the coronavirus meltdown. But be comforted.  People with money tend to be more lonely than the rest of us.  That's because people who base their self-worth on their financial success  o ften feel that way in everyday life, a newly published study by the University at Buffalo and Harvard Business School, newswise.com reports. “When people base their self-worth on financial success, they experience feelings of pressure and a lack of autonomy, which are associated with negative social outcomes,” the web site quotes says Lora Park, an associate professor of psychology at UB and one of the paper’s co-authors. “Feeling that pressure to achieve financial goals means we’re putting ourselves to work at the cost of spending time with loved ones, and it’s that lack of time spent with people close to us that’s associated with feeling lonely and disconnected,” adds Deborah Ward, a UB graduate student and adjunct faculty member at the UB’s psycho...