Going to College For Something Unneeded in America? You Pay For It.
I had the good fortune to fly to New York City, and fill in for Larry Kudlow on CNBC's "The Kudlow Report." During one of my segments, I had the opportunity to speak with two Congressmen who are supporting new legislation in congress that I would have a hard time getting behind. If passed, the legislation would bring in thousands of foreign workers to fill positions in science, technology, engineering, and mathematics; also known as STEM jobs.
Here is an excerpt from an article by Dan Moffett about the legislation:
U.S. corporations have complained for years that they can’t find enough qualified workers who are skilled in science, technology, engineering and mathematics — the so-called STEM fields.
Congress is considering legislation that would allow high-skilled foreign workers and students to work in the United States instead of taking their skills back to their homelands. There is growing support from both parties on Capitol Hill to give green cards and permanent residency to foreign-born students with graduate degrees in the STEM fields.
This is the wrong way to go about this. Instead of giving thousands of American jobs to foreign workers, why not give American students incentive to complete their graduate degree in one of these fields? If a big group of companies that needed these jobs and the government got together and said, we'll cover the cost of your Masters or Ph.D if you get your degree in one of these fields, and, to top it off, we'll give you a job.
As for the people who decide to get their graduate degree in fields that aren't needed in America, you should foot the bill. So if you want to get your Masters in French poetry, Percussion, or German history, since those jobs are not in demand, you should cover those costs.
This might seem too strict, but we have hundreds of thousands of people with Masters degrees in fields like these. Let's get America back to work in the fields needed to become a successful nation.