Why wouldn't you apply? Especially if it's a paid internship. In my experience, college students tend to make more at internships than more normal jobs for that age like retail. Of course, restaurant servers and bar tenders really rake it in. Anyway, I'm on my second internship for Accounting and it's pretty solid. I get great hours and experience, while making some extra money on the side.
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Behold but one in all things, it is the second that leads you astray.