JimBowie1958
Old Fogey
- Sep 25, 2011
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How about software engineers who graduated in the late 1990s?I can remember being scared to death of debt until I was well established. I wish I could say I was sorry for some of these kids but the wishful thinking fairy must have been extra generous to some of them.
Everyone was saying how big the demand would be for them, then *POOF* the dot com bubble busted and companies were allowed to keep their H1-Bs and fire Americans instead. That is what happened to me, I had five years with about 3 years of seniority at a major Beltway contracting company, but fortunately for me, I avoided accumulating student debt like the plague. I graduated after decades of night course with about $20k in student loans, and we paid it all off around 2012, but most did have huge debt. I was taking night courses while holding down a full time day job. And they still have huge school debt and the laws were changed so that they could not get out from under it with a bankruptcy.
These young adults are simply fucked as we still import over 65k H1-Bs each year and these guys have a hard time find work still and the H1-Bs make it much more difficult.
I am not blaming the H1-Bs themselves but the government that lets the program get abused and Congress for not taking remedial action. Instead they carp at trump about his correctly accusing a judge of racial bias who is a member of a la Raza movement group.
The fact is that our nations leadership is selling our kids future and we are stupid, corrupt, cowardly and lazy for not fighting for their future so they can have some prosperity as well.