Hiring Foreign Grads During the Saturation

[ZakMeister]

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you can get private student loans with the help of a US citizen/PR cosigner though

 

[knight on horse]

This isn't China, ever heard of "prevailing wage"?

It will be soon, if our super rich rulers continue unopposed

More people means cheap labor means more money for billionaires, and therefore good for the economy

 

[baronzb]

The answer is supply vs. demand.

An orange is more expensive in the United States because a delicious, juicy, navel orange can command a price of $1USD each. The American consumer will pay that much for one and the grocery store knows it and the orange suppliers know it. An orange does not cost the equivalent of $1USD (27 Cuban pesos) in Cuba because it would not sell at that price, the crop would rot, the grocery store would not purchase the orange from the supplier at that cost, and the orange supplier could not sell its crop.

YOu are mistaking the free market with currency arbitrage. That dollar in the U.S. goes much further in the 3rd World. This is why there is no currency manipulation in the TTP deal, as it would make off-shoring irrelevant.