I have employed many students over the years and paid all of them. How could any self respecting architect not value the work a student does? When I was a student with no financial support I worked for architects in the holiday periods and was paid. I have a very small practice now, so if I can pay every architect should be able to pay. Clients will take advantage if you show this sort of weakness, pay students and obtain sensible fees.
Lisa is absolutely correct. I have been supplanted by a Design and Construct builder who shows in his publicity that he has in-house architects, but he doesn't, he has technicians or CAD operators he refers to as architects. The client was therefore assured there would be the services of an architect without having to pay a fee! Another client found an "architect" who would charge less than me, then having obtained a planning permission with an appalling design then asked me to build the impossible design! The public needs a better understanding of the role of architects in the building industry, particularly when considering domestic jobs.