[zepolen]

The explanation is that a fresh graduate provides zero or even negative value to a company initially.

[dom0]

Practically all new hires represent an "initial negative value". It's called an investment.

[lz400]

Have you kept an eye on how much fresh graduates are making in SV these days?

[winter_blue]

Just for others reading this thread, interns (and new graduates) make around $10,000 per month these days, in the San Francisco Bay Area.

Ref: http://sfist.com/2016/05/02/tech_industry_interns_making_ban...