Submitted by CARPE DIEM

A mere 65,000 H-1B visas for foreign professionals are allocated in the U.S. each year. And this year, as in the previous four, the quota was exhausted almost as soon as the applications became available in April. This effectively means that more than half of all foreign nationals who earned advanced degrees in math and science in 2007 have been shut out of the U.S. job market.

It makes little sense for our universities to be educating talented foreign students, only to send them packing after graduation. Current policies have MIT and Stanford educating the next generation of innovators — and then deporting them to create wealth elsewhere.

~From today’s WSJ editorial American Brain Drain

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