Parents are paying to get their kids internships. Is that fair?

Remember the days of 'hard work pays off'? Now it's 'Mommy and Daddy pay off' when it comes to students landing highly-coveted internships, according to a NY Times report. Parents cough up cold, hard cash in the name of charity to bid on positions at high-end magazines like Glamour, O, Harper's Bazaar and others. Career success more likely from auctions than actions, it seems.