College students who participate in an internship program can expect to reap multiple benefits from the experience-including a shot at a full-time job, according to a new study conducted by the National Association of Colleges and Employers (NACE).

Employers responding to NACE's 2007 Recruiting Benchmarks Survey reported that they offered full-time jobs to nearly two out of three of their interns. More than 70 percent of those offers were accepted; nearly half of the interns came on board as full-time hires. Overall, employers reported that nearly 31 percent of all their new college graduate hires from the Class of 2006 came from their own internship program. Read more.