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Reply to "Unemployment could hit 25% among recent grads and trigger ‘unprecedented’ social disruption thanks to AI"
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[quote=Anonymous]So why are we still allowing so many international students who graduate to work in the United States under Optional Practical Training (OPT)? This allows foreign students to stay in the US after graduating and work. Companies do NOT have to pay social security or medicare so right off the bat they save almost 8 percent. Companies know they can overwork and underpay these new grads, so they are even more likely to hire them. In 2024 over 418,000 OPT authorizations were granted with major employers like Amazon, Google, and Microsoft hiring thousands of OPT students INSTEAD of US college graduates. Right now there is NO limit to the number of nonimmigrants who may participate in OPT. And it is BOTH political parties who love cheap labor: In 2008, the George W. Bush Administration extended the maximum period of OPT from 12 months to 29 months for F-1 students who had completed a degree in science, technology, engineering, or mathematics (STEM). In 2016, the Obama Administration further extended the maximum OPT period to 36 months for those with STEM degrees. And it is PER degree level so a student can get a bachelor's degree in STEM work three years then go back and get a masters and work another three years. [/quote]
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