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I think this is a great idea though i did think it was worthwhile to comment on some of the things that I think are actually problems versus the ones that aren't really problems.

Real Problems: 1. Difficult for students to find startups interested in interns. Sounds like a number of folks are working on this which is awesome.

2. Speed. Startups and universities move at different speeds. A y-combinator like organization could go a long way toward solving this problem.

Things that are not really problems: 1. "Many of the best college students at MIT are risk averse and think short term." I work as a Program Manager at the MIT Entrepreneurship Center and was a CS grad Berkeley and neither place is short on risk-oriented CS students. In fact most of the CS students i went to school with either wanted to start their own company or work at a startup. If they ended up at Google it was because they couldn't find a startup that was a good fit or because the startups that would have been a good fit didn't want to hire straight out of school. I graduated about 5 years ago and i think students are even more interested in startups now than they were then.

2. "Startups are missing brand value for parents, relatives, and friends. This is also highly cultural." This certainly isn't true for "friends" and i think it is largely untrue for parents/relatives. With a whole generation now of young and successful entrepreneurs like Gates and Zuckerberg, I think many parents are starting to realize the prestige of working at a startup. Obama's National Entrepreneur's Day this has been brought even further into the mainstream. There is plenty more we should do here to continue celebrating entrepreneurs, but i don't think this is what prevents people from joining startups fresh out of school or for an internship in school.