2 ms·

H1Bs aren't to blame for this. "The H-1B is a non-immigrant visa in the United States under the Immigration and Nationality Act, section 101(a)(15)(H). It allo

by smtddr 12y ago

H1Bs aren't to blame for this. "The H-1B is a non-immigrant visa in the United States under the Immigration and Nationality Act, section 101(a)(15)(H). It allows U.S. employers to temporarily employ foreign workers in specialty occupations." --- http://en.wikipedia.org/wiki/H-1B_visa http://en.wikipedia.org/wiki/H-1B_visa The very vast majority of jobs we're talking about here aren't specialty. This is about the decades-old mindset that you can take 40k+ debt because a any random college degree guarantees a great job/salary/career. If it's one of those prestige-branded schools, 70k+. You got a bunch of people getting majors in Liberal Arts or Economics with no particular focus on _why_ they're doing it or _exactly how_ they will apply that knowledge. They just hope to show up at Goldman Sachs with diploma in hand and get an opportunity at a lucrative career while being trained on the job. There are too many of these people and these people with little to no experience and student-loans tied to their ankles aren't in a position to bargain.

HarryHirsch 12y ago
I can tell you that in my department about 80 % of students (undergrads and grads) are not US nationals. I also seem to remember that in the US more than half of PhD degrees in STEM are awarded to foreigners. That's a substantial amount. The only realistic way for them to work in the United States is through H1-B. To say that H1-B doesn't have an influence on salaries (at least in STEM) is speaking obvious falsehood. As far as showing up with an Economics or Liberal Arts degree at Goldman goes - up until the crisis hit in 2009 you could pull up with one of these at any school where they were recruiting and expect to get hired. This is what labour market figures show.
- smtddr 12y ago
  >>To say that H1-B doesn't have an influence on salaries (at least in STEM) is speaking obvious falsehood. That's thing though, the effects H1B has on STEM is definitely significant. I don't know if it's bad or good yet, but I understand there's a significance in that if H1B visa holders were removed from the STEM pool today there would be a very noticeable impact. I'm talking about the people have _no idea what they want to do in life_ and just randomly get a degree in whatever and go do whatever people tell them is good; like going into accounting or something. I'm talking about the people who have no particular drive other than "My family and friends all think going to school is a good thing so I guess I better go do something". The people who become doctors are the ones that actually make it because that's a lucrative & specialized/focused field. The rest are disillusioned by how hard it has become to find a good high paying job and are held down a debt they didn't expect to have difficulty paying back.

by smtddr 12y ago

HarryHirsch 12y ago

I can tell you that in my department about 80 % of students (undergrads and grads) are not US nationals. I also seem to remember that in the US more than half of PhD degrees in STEM are awarded to foreigners. That's a substantial amount. The only realistic way for them to work in the United States is through H1-B. To say that H1-B doesn't have an influence on salaries (at least in STEM) is speaking obvious falsehood. As far as showing up with an Economics or Liberal Arts degree at Goldman goes - up until the crisis hit in 2009 you could pull up with one of these at any school where they were recruiting and expect to get hired. This is what labour market figures show.

smtddr 12y ago
>>To say that H1-B doesn't have an influence on salaries (at least in STEM) is speaking obvious falsehood. That's thing though, the effects H1B has on STEM is definitely significant. I don't know if it's bad or good yet, but I understand there's a significance in that if H1B visa holders were removed from the STEM pool today there would be a very noticeable impact. I'm talking about the people have _no idea what they want to do in life_ and just randomly get a degree in whatever and go do whatever people tell them is good; like going into accounting or something. I'm talking about the people who have no particular drive other than "My family and friends all think going to school is a good thing so I guess I better go do something". The people who become doctors are the ones that actually make it because that's a lucrative & specialized/focused field. The rest are disillusioned by how hard it has become to find a good high paying job and are held down a debt they didn't expect to have difficulty paying back.