This sentence could have also ended "my gpa dipped below the threshold for some bullshit mark it up to mark it down exercise masquerading as a scholarship and I had to re-take the class for a better grade anyway"
This sentence could have also ended "my gpa dipped below the threshold for some bullshit mark it up to mark it down exercise masquerading as a scholarship and I had to re-take the class for a better grade anyway"
That said...
I graduated with a 3.2 GPA, after being the stereotypical "gifted" student up through high school. A 3.2 is, apparently, still decent. However, I did feel a bit of a twinge seeing my peers walk at graduation with with cords, bents, and other regalia, where I just had my standard-issue black robe.
It had less to do with my grade in this particular class, and more to do with the fact that I had a part-time engineering job - 10-20 hours a week - and was making money. When you've spent a couple of years being broke, having an extra few hundred dollars per month was a big deal. Enough so that I didn't really care about putting the extra effort in for A's - that extra time was time better spent working. B's were fine if I could afford to take my girlfriend out to dinner every month.
In the years since then, it seems like this was a good decision. That job became full-time after college, and I stayed there six years. At the end of six years, nobody really cared about my college GPA. At the end of nine years (when I next looked for a job), I didn't even bother listing it on my resume.
Your internship / prospective employer cares way more about the job you're doing for them than +0.5 GPA.
(If you're heading right to grad school, obviously different weighting)
Certainly the name of the school on my resume helped me interview for my first job, and I did learn a bunch about how computers worked and how to design CPUs, and that was useful early in my career when I worked on embedded software (like actually embedded, weak-ass MIPS machines with a handful of MB of RAM, and no MMU or memory protection[0]; not the tiny supercomputers that count as "embedded" these days). But my grades, and most of the getting-my-coursework-done drama? Irrelevant.
[0] And I'm sure some folks here will consider what I had to work with a luxury.