Also, there is little evidence that there is a shortage of American graduates and much evidence that the supply of
skilled American graduates exceeds the number of tech jobs.
However, many Fortune 500 CEOs prefer to use subcontracted foreign workers in the Green Card Economy because they are controllable and disposable and also because they cannot
quit their jobs to launch a rival product.
The decline in foreign students is also good for American students who may want to do post-graduate degrees in U.S. universities, Lynn said. “Universities have not had to focus on recruiting American students because they’ve had a large pool of [high-paying] foreign students… those slots that could’ve gone to foreign students can go to Americans.”
The nation’s immigration system has other channels to welcome clever, production foreigners, he said. For example, the O-1 visa can be used by accomplished foreigners to land jobs in the United States, he said. “The O-1 visa is for the highly talented people we want, and we can get them in,” without the OPT and CPT programs, he said.
Also, the huge H-1B program keeps at least 600,000 foreign workers in the Green Card Economy, much to the disadvantage of Americans, he said. In June, President Donald Trump ordered a rewrite of the H-1B regulation so that companies cannot use the program to replace Americans.
The rewrite has not yet been published. Business groups are lobbying heavily to narrow the reform, one source told Breitbart News.
The loss of foreign customers will be painful for universities that are used to attracting high-paying foreign customers who are seeking work permits. The Bloomberg.com article
the fact that some colleges won’t be able to land as many affluent international students as they used to is maybe not the biggest deal in the world. And yes some institutions overdid it with recruiting from China in particular in the 2010s, bringing over so many students with such limited English-language ability that the usual benefits of international exchange didn’t entirely
apply. But in general international students are a boon to the universities they attend and the communities around them. As an inhabitant of a neighborhood near Columbia University in New York that over the past five years has added several great Chinese restaurants and a Korean supermarket, I know they have enriched my life.
Advocates for migration usually ignore the huge distinction between the majority of medium-skilled foreign workers who displace Americans and the important but smaller inflow of clever people, sometimes called “superstars,” who develop new ideas and create new jobs.
For example, in a September interview by the American Enterprise Institute, Caleb Watney, the director of innovation policy at the Progressive Policy Institute,
credited “international talent flows” for U.S. innovation, lumped together gig-workers and software-tester with PhDs working on artificial intelligence:
Yeah, so to my mind — and this is for the US economy specifically — number one is international talent flows. For a long, long time now, the United States has been the premier destination for international scientists, entrepreneurs, and technical practitioners, and if you have a good idea and you want to develop it, there’s really been no better place than the United States. You see that reflected in our international students. For example, computer science graduate students: 79 percent of them in the United States are international students, and that’s not because we’re kicking a bunch of Americans out of those programs. It’s because our higher education system is the best and brightest in the world, and that is attracting so many bright young minds from across the world that want to come here to study. Of course, they potentially hope to stay here long-term.
However, under pressure from Trump’s pro-American immigration policy, Watney said he is looking at how the federal government can increase the inflow of “superstars”:
We really don’t have a path forward for the most highly skilled computer scientists, engineers, and academic scientists to be able to come into the US. I’m currently working on a paper, actually, to potentially revamp the O-1 visa for immigrants of extraordinary ability. I think that’s been a latent tool that only a few thousand people get in, and we could really overhaul and make it a much better pathway.
But the lawyers who help import the foreign workers support the existing work permit programs.
“Hopefully, we will come back roaring strong next year,”
tweeted immigration lawyer Leon Fresco, who is a backer of the S.386 giveaway bill. “This is one of the most important things the United States does.”
“We were once a beacon to the best and the brightest, which has been a strength of our nation,” said Wagreich. “It is unlikely that we will ever recover.”