· Requires an automatic 20% annual hike in the new cap whenever the visas are exhausted, thus establishing a new annual cap for each successive year.
· Adds another open-ended exemption from the cap for any foreign national that has an advanced degree in science, technology, engineering or math from anywhere on the planet.
Within a year over 600,000 new foreign professionals could flood the U.S. market, the resulting in serious economic harm on highly skilled, well-educated American workers.
Again, I ask; Why would parents encourage their children to take extra math and science in high school and then risk taking massive loans to send them to college for a technical degree when it looks like the corporate and government systems are rigged against them getting a technology job upon graduation? Where is the ROI in that?
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