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I've yet to see an argument as to what the problem is that they can't fix in 6 years and an amount of money equal to a tech salary. It seems more likely the pro
by kfprt 5y ago
I've yet to see an argument as to what the problem is that they can't fix in 6 years and an amount of money equal to a tech salary. It seems more likely the problem is that they want to underpay.
If H1B was restricted to advanced degrees such as PhD's I doubt many people would complain. It would certainly be more in line with the intent of the program. Why more Americans don't pursue STEM PhD's is an excellent question. Do you have any insight on that?
- darth_avocado 5y agoA couple of things. To get to STEM PhDs, you need STEM undergrad and master’s. If you look at what degrees people pursue, STEM degrees are less as compared to other majors. You can’t become a AI/ML PhD with an undergrad degree in History. That pipeline needs fixing. Plus, getting college degrees is expensive. People who have a STEM degree only feel a need for advanced degree if their careers aren’t doing that well. Why would you give up a high paying job to go into debt? If things are doing great, why change anything? And last but not the least, market dynamics. If you spend 5 years to get a PHD + 2 years of Master’s, you get a higher paying job than a fresh undergrad, but people with 7 yoe get paid a lot more than that because they develop a different set of skills by then. It isn’t a very lucrative proposition for most Americans.
- kfprt 5y agoI think that's an excellent description of the market dynamics at play. What I disagree with is the assumed lack of agency on the part of the buyers in the labor market. If the market determines it's not advantageous to pursue a STEM PhD then participants won't. The market is not broken, labor consumers simply need to offer a high enough price to incentivize more participants to acquire the STEM PhD's they desire.