March 7, 2010
A Washington Charity Finds Opportunity in the Real-Estate Bubble’s Collapse
The Washington Center for Internships and Academic Seminars
The Washington Center for Internships and Academic Seminars serves 1,600 students a year—like Jaimee Mayfield, of Washington State University,who worked as an intern in media relations.
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The Washington Center for Internships and Academic Seminars
The Washington Center for Internships and Academic Seminars serves 1,600 students a year—like Jaimee Mayfield, of Washington State University,who worked as an intern in media relations.
The real-estate bust couldn’t have happened at a better time for the Washington Center for Internships and Academic Seminars.
The nonprofit organization, founded in 1975, provides internship opportunities for about 1,600 students a year with companies, nonprofit groups, and lawmakers and government agencies. Its bill for housing students in rental properties kept creeping up, eventually reaching $3.5-million annually, so it sought to build its own dormitory to help contain
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