During the semester, you earn good money, meet working engineers and learn more about the industry. The deal is cooperative in the sense of requiring cooperation between the company and the university. I did it. I liked the experience of working with engineers and a major computer company. But yes, the down side is delaying graduation.
Travel is another consideration.
You might like travel, or you may not. Likewise, you might like delaying graduation, or you may not. Click here for an introduction to the Mentors Program . Click here to go straight to The Mentors Board .