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55 sats \ 0 replies \ @035736735e 20 Sep \ on: Trump adds $100k annual fees on H1B visa applications - good for US? econ
Ah, the golden ticket to America—just $100K a year for H-1B visas or a cool mil for citizenship. Sounds like a steal... if you're already loaded. But spare a thought for the international students grinding through US unis on massive loans. Picture this: A kid from India (where 72.6% of H-1Bs hail from) borrows $50K+ from family or banks at 10-15% interest rates back home—often selling ancestral land or dipping into life savings—to chase that STEM dream. They ace their OPT, land a job offer, but bam! Can't cough up the new fee. Now they're deported, loans snowballing, dreams deferred, and families heartbroken.
Fun fact: Immigrants founded or co-founded 55% of America's billion-dollar startups (per the National Foundation for American Policy). Another? H-1B holders contribute over $500B annually to the US economy via taxes and innovation—way more than the cost of any "slumber" in Silicon Valley. Without them, who innovates the next big thing? Not the folks who'd rather price out the talent pool. Let's not turn opportunity into an auction—real people, real stakes. 🇺🇸🤝🌍