Pros
VIP is an outstanding company if you want to hone your photography skills. They will provide training and send you out either by yourself or with a team to cover assignments based on your interest. My interest is in sports photography and they keep me busy covering the games, concerts and competitions at 5 high schools in my area. They also allow me to cover IHSA and WIAA State Finals competitions as well.
Cons
They offer service (action) photography as a give-away to the school. The images are used by the yearbook staff to fill the content of their annual publication but VIP doesn't actively promote their website for game action photography the way they promote school photos and Team and Individual photography. They make the majority of their income in the traditional print sales rather than focus on digital image sales.