The state The 2012 and 2013 H1-B visas are already capped out as companies requesting them say there are no americans who can do the jobs they need filled. When we look at unemployment rate which is officially is 8.1% but is that the real number of people out of work in America. In April, the percentage of adults working or looking for work fell to the lowest level in more than 30 years. Adding college graduates in low-skill positions, like counter-work at Starbucks, and the unemployment rate is likely closer to 18 percent.
International Enrollment Rising Faster
For the fifth year in a row, international enrollment is on the upswing. International students comprised 3.5 percent of total university enrollment in 2010-11. Last year, more than 723,000 foreign students studied in the United States – 32 percent more than did so a decade ago. New enrollment increased 6 percent, compared to 1 percent the year before.
New International Students, by Enrollment Category as of Fall 2011
Total 2010-11 1-year increase 5-year increase Undergraduate 84,543 6.5 % 37.8 % Graduate 89,505 5.8 % 39.3 % Non-Degree 40,442 3.7 % 133.1 % Total 214,490 5.7 % 50.1 %
With increased reliance by business and requirements on advanced degrees, not all college graduates are equal... For example, schools such as Harvard, Princeton, University of Pennsylvania, University of Miami, Ithaca College, Cornell University, John Hopkins, University of Chicago, and University of Oregon all offer aid packages to foreign students. These schools are often seeking a population which is culturally, economically, socially, and geographically diverse. Graduate students may have more luck with financial aid. This is because graduate and teaching assistantships are offered on the basis of academic achievement, regardless of citizenship.
It is my opinion that our publicly funded education system has its hand in unraveling permanent employment picture in a modern economic reality.
Interested to see your point of view on these snap shots. What say you?