A BusinessWeek article Why the US is Loosing Foreign Graduates, indicated that increasing number of foreign students graduated from U.S. universities are going back to their home countries to pursue careers. Some says it is due to tightened restrictions of the H-1B visa (temporary work permit); Others argue that is caused by the current economy with lesser jobs to offer. I think it is a combination of both. The H-1 visa restriction has certainly hindered a pool of talented international students to pursue careers in the US. On the other hand, with the globalization of the economy, US is no longer the gold mine of opportunities it once was.
Another article The Argument Left Unsaid About Foreign Students written in 2008 still holds true today. I hope the new Obama administration takes this into consideration and rethink ways retain talents in our own country. America is established based on diversity an innovation.
“As we trend towards a knowledge-based economy, it is imperative that we remain competitive in the global marketplace.
If American universities and American politicians want to help higher education and the economy, it’s time to move beyond just lobbying to get foreign students into the country for a few years – but to talk about why it makes sense to welcome many for their careers.”