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More greencard visa for engineering and science students

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For foreigners on student visas, an important reason to be obtaining one's degree with a field designated as "Mathematics", "Engineering", etc., for whom this legislation has been drafted, rather than getting a degree in "Economics" or "Finance", which may not benefit from this legislation at all.

This is the second of two proposals on immigrations right now. The first one is by eight senators. You can read more at
http://www.nytimes.com/2013/01/29/u...us-of-second-bipartisan-immigration-plan.html

It would also tinker with the system to make more permanent resident green cards available for immigrants in science and technology fields, but without increasing the number of green cards over all, something many Republican lawmakers are loath to do. It would allow the immigration authorities to distribute as many as 300,000 green cards that went unused over the years because of twists in the system.

The bill would make changes to ensure that a much higher percentage of 140,000 employment green cards available each year would go to the skilled immigrants, and not to their family members, as happens now.

Responding to insistent demands from universities, the bill would make an unlimited number of green cards available for foreigners graduating from American universities with advanced science and technology degrees. It would increase visa fees and use the money for training programs for Americans.
 
what does it mean? They want to attract foreigners in science and technology fields, am i right?
 
Interesting. There are about 50k STEM graduates in US every year. Number of engineers in US is about 2 million which would not change as much in 10 years probably. Let's say that becomes 2.5 million in 10 years due to 500k new STEM grads US. That is like 25% increase in number of engineers in just 10 years. I guess engineering or technology would not remain high paid anymore in US.
 
I dont understand the news fully.
It would increase visa fees and use the money for training programs for Americans.

Does the above line mean that it will costs the firms more to sponsor H1B visas for foreign employees? If this is the case, wont they cut back on hiring international students?
 
Does the above line mean that it will costs the firms more to sponsor H1B visas for foreign employees? If this is the case, wont they cut back on hiring international students?

I believe Andy was trying to imply that it would increase revenue generated from giving out H1B visas.
 
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