4 ms·

For it to be a golden ticket, someone has to hire them at a good salary. If the person went to 4th rate school and has no skills to compete in the job market, i

For it to be a golden ticket, someone has to hire them at a good salary. If the person went to 4th rate school and has no skills to compete in the job market, it's not really a golden ticket and not a drain on the economy as they don't qualify for a lot of things. On the other hand, if the person is capable and can attract and sustain a lucrative career, they'll contribute to economy and taxes. As someone else mentioned in this thread - having the ability to job hop for foreign workers prevents the exploitative wages from sticking and reduces incentives for companies to substitute for cost reduction. H1-B was originally "meant" (a.k.a. sold) to fill in labor gaps, not reduce costs...

dragonwriter 10y ago
> H1-B was originally meant to fill in labor gaps, not reduce costs... No, the people involved in making the decision knew enough basic economic to recognize that "filling gaps in supply for commodity X" and "reducing the market-clearing cost of commodity X" are exactly the same thing. It was sold as the former, because to general public that sounds better.
- sologoub 10y ago
  Good point, will edit.
DerekL 10y ago
> For it to be a golden ticket, someone has to hire them at a good salary. If the person went to 4th rate school and has no skills to compete in the job market, it's not really a golden ticket and not a drain on the economy as they don't qualify for a lot of things. Right. The danger is not a flood of bozos, because a green card is no guarantee of a high salary job. The actual problem is that as soon as a U.S. degree comes with a green card, the schools in America will jack up the tuition for foreign students. Two ways to solve this: we could offer the same deal for foreign schools, or require U.S. schools to charge the same tuition and fees to both foreign and domestic students.
- naveen99 10y ago
  > the schools in America will jack up the tuition for foreign students. My understanding was out of state and international students have the same full tuition price. The difference is only in instate and out of state. Lots of wealthy people in the us pay full price at private schools. Colleges can't just increase tuition too much for international students, because there is no artificial cap on number of college seats. The college market will expand to handle more students.

dragonwriter 10y ago

> H1-B was originally meant to fill in labor gaps, not reduce costs... No, the people involved in making the decision knew enough basic economic to recognize that "filling gaps in supply for commodity X" and "reducing the market-clearing cost of commodity X" are exactly the same thing. It was sold as the former, because to general public that sounds better.

sologoub 10y ago
Good point, will edit.

DerekL 10y ago

> For it to be a golden ticket, someone has to hire them at a good salary. If the person went to 4th rate school and has no skills to compete in the job market, it's not really a golden ticket and not a drain on the economy as they don't qualify for a lot of things. Right. The danger is not a flood of bozos, because a green card is no guarantee of a high salary job. The actual problem is that as soon as a U.S. degree comes with a green card, the schools in America will jack up the tuition for foreign students. Two ways to solve this: we could offer the same deal for foreign schools, or require U.S. schools to charge the same tuition and fees to both foreign and domestic students.

naveen99 10y ago
> the schools in America will jack up the tuition for foreign students. My understanding was out of state and international students have the same full tuition price. The difference is only in instate and out of state. Lots of wealthy people in the us pay full price at private schools. Colleges can't just increase tuition too much for international students, because there is no artificial cap on number of college seats. The college market will expand to handle more students.