This is the post I was referring to - in case the guy said the truth, it seems to work well for him (I've read a post by someone else on this topic (on another forum), too.
@BradleyT: I hope this doesn't sound like I'm overly dissappointed or anything ;-)..but I find this interesting..and am now wondering if it has to do with the fact that you didn't plan on doing so from the getgo.
You're willing to put an intern on link building during the summer (I assume he doesn't have any experience link building, b/c you satate "if they had link building experience")...who has no previous experience and probably won't get overly much done (but probably more than the cost he presents as interns are dirt cheap).
However, if somebody who say had really decent link building experience (with some successful link building campaigns to showcase) was looking for an internship you wouldn't pay them more to get them on board to do link building for you (when they would still be significantly cheaper than other link builders of the same quality)?
Personally, if that intern had the right credentials and was looking for an internship, I would try to get them on board by paying them more than other companies he might land an internship with (I'm not saying a ton of money, just signifcantly more).
To be honest when I start looking for an internship and realize I can't get any more money for doing link building 100% of the time than I can get for another internship, I'll go for another internship to learn more about another area (I've been offered an internship in web analytics and one for an internet marketing agency where I would spend my time running tests to test the SE algorithms), as link building 100% of the time for someone else's e-commerce site would probably be dull in comparison.
Of course, I feel that it sucks a little because I was hoping that it might work and Id be able to work a little less during my last few semesters ;-), but mostly I find it very interesting, because it seems like a win-win situation lost.
I'm curious how other people feel about this.