Saturday, August 4, 2012

Strict US immigration policies contribute to high unemployment

Source: Russia Today

Some 720,000 foreign students are currently studying in the US, but this privilege comes at a cost. International students at the university level pay tuition rates around three times higher than in-state students. And after paying tens of thousands of dollars to US colleges, many of these students are forced to return to their native countries, taking their talents and skills with them.

It’s called ‘reverse brain drain,’ and it’s a hotly debated subject, especially since some of the most successful global entrepreneurs hail from countries outside the United States.

“We found out recently that about half of the top 50 venture-funded companies had at least one immigrant founder. So if you keep such people out, you have less job creation and less innovation in the US,” Executive Director of the National Foundation for American Policy Stuart Anderson

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