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‘H-1B fee not a make-or-break cost — real worry is losing Indian students,’ Republican Billionaire Ken Griffin warns US
Financial Express ^ | 10/7/2025 | Aditi

Posted on 10/10/2025 1:21:21 AM PDT by marcusmaximus

Billionaire investor Ken Griffin has warned that some of the brightest students from countries like India might never make it to the US and that this could hurt the country’s future. In a recent interview with Bloomberg, the Citadel CEO said the real loss isn’t the $100,000 cost of an H-1B visa, but it’s when a talented student in India or a math and physics prodigy in China chooses to stay home instead of coming to the US.

“Fortunately, we’re in a sector of the economy where a $100,000 one-time cost to hire a person is not going to be make it or break it,” Griffin said. “I worry far more about the brilliant student in India who doesn’t come to America, or the gifted student in mathematics and physics that chooses to stay in China.”

-snip-

Back in May, the Republican mega-donor Griffin said the US should hand out visas to foreign students graduating from American universities. “The key is that they need to stay here,” Griffin told an audience at the Milken Institute Global Conference. “It should literally be if you graduate from one of America’s great universities or graduate schools, you just get a visa stamp to your degree. Welcome to America. Stay here and build your career.”

-snip-

The Citadel founder also pointed out that many lawmakers privately support retaining more international students after training, but the US fails to implement policies to make it happen.

“That one befuddles me,” Griffin said. “If I meet with members of the House or Senate, they almost always agree with that statement. I do not understand our unwillingness to embrace a path to citizenship for those who come here for their education.”

(Excerpt) Read more at financialexpress.com ...


TOPICS: Chit/Chat
KEYWORDS: bloomberg; ccp; china; citadel; deadbeat; freeploader; freeploadusmaximus; gayforindia; h1b; h1bvisa; hireamerican; india; itsadealwithmodi; kengriffin; marcusgumpus

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1 posted on 10/10/2025 1:21:22 AM PDT by marcusmaximus
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To: marcusmaximus

This is such BS. Notice that he has no concern for the Asian-American student who is a citizen and has the IQ and the grades to get into MIT or Harvard and yet is not allowed into those schools because they aren’t BLACK.


2 posted on 10/10/2025 1:27:36 AM PDT by ponygirl (Stay gold.)
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To: marcusmaximus

According to Grok, there are about 33 million potential workers with sufficient from India who have the requisite IQ to be competent programmers.

America has 55 million. If it’s competent workers you want, America has an abundance of them.


3 posted on 10/10/2025 1:30:08 AM PDT by Jonty30 (Socialism's promises, like a Djinn's wishes to the greedy, lead to punishment when due. )
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To: marcusmaximus

Meanwhile American citizens pay a ridiculous amount for tuition. No handouts for us. Make America First!


4 posted on 10/10/2025 1:34:20 AM PDT by Omnivore-Dan (have to )
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To: Jonty30

I was an IT consultant for most of my 45 years in the business. In the second half of my career, probably half or more of the other consultants were foreigners. Some could barely speak English and you couldn’t send them into a meeting and get an update from them. They were mostly coders. They worked for less than half of what an experienced programmer would make. By the time I retired they were in control of many agencies and if you weren’t Indian you were out of luck as far as a job went. That’s in the New York/New Jersey area I’m assuming it’s not much different in the rest of the country.


5 posted on 10/10/2025 1:41:54 AM PDT by Omnivore-Dan (have to )
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To: marcusmaximus

If India had all these bright students that these elitists are claiming they would have been the first on the moon and their country wouldn’t be a third world sh*****e.

It was American engineers with their slide rules and white shirts that got us there and created the marvels that enrich this country today.

All these billionaires who champion Indians and Chinese have never had to work with them.


6 posted on 10/10/2025 1:49:56 AM PDT by oldbill
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To: oldbill

No, but the billionaires have saved over a trillion dollars employing them.

That’s what matters most to them.


7 posted on 10/10/2025 1:52:45 AM PDT by Jonty30 (Socialism's promises, like a Djinn's wishes to the greedy, lead to punishment when due. )
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To: oldbill; All
It was American engineers with their slide rules and white shirts that got us there and created the marvels that enrich this country today.
8 posted on 10/10/2025 1:55:07 AM PDT by marcusmaximus
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To: marcusmaximus
Griffin is a scumbag. In the early 2000s Citadel was notorious for over hiring software developers each year by about 20%. Then they were set against one another and at review time 20% were fired for ‘lack of performance’ and the cycle would start again.

As a consequence developers and teams would refuse to cooperate with each other and sometimes sabotaged other people’s work, and talented people never submitted a resume to Citadel.

Griffin wants the whole society to work like that with everyone except the top immiserated and forming a huge army of reserve labor sitting on a pathetic minimum basic income until needed and replaced at will by cheaper foreigners.

9 posted on 10/10/2025 2:02:48 AM PDT by pierrem15 ("Massacrez-les, car le seigneur connait les siens" )
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To: marcusmaximus

I worked most of my life as a systems electronics
engineer.
I have a BS in computer science.
Military trained in electronics.

One of the lowest forms of life is a “Coder”.
I design software, Coders just type in
my designs.

As a systems engineer, I design a system to solve
a given problem, for a given cost and in a
certain time frame.
All sorts of engineers and workers go to work
to implement my design.

My point is this; Coders are not that special!
Any more than a Just out of university
electronics engineer is.

Teams make things. Not Prima Donas.


10 posted on 10/10/2025 2:12:09 AM PDT by rellic (No such thing as a moderate Moslem or Democrat )
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To: oldbill
"If India had all these bright students that these elitists are claiming they would have been the first on the moon"

Not without Wernher Von Braun and maybe some of the other former Nazi rocket scientists.


11 posted on 10/10/2025 2:13:24 AM PDT by equaviator (Nobody's perfect. That's why they put pencils on erasers!)
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To: marcusmaximus

What chance does a native-born American have of winning the national spelling bee, or qualifying for the U.S. Math Olympiad team?


12 posted on 10/10/2025 2:30:09 AM PDT by Redmen4ever
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To: marcusmaximus

Ken Griffin is an open borders Establishment RINO. He always has been.


13 posted on 10/10/2025 2:44:54 AM PDT by FLT-bird
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To: marcusmaximus

That’s fine, I think we have enough.


14 posted on 10/10/2025 2:47:25 AM PDT by jughandle
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To: FLT-bird

People like him is why I finally left the GOP.


15 posted on 10/10/2025 2:54:36 AM PDT by MachIV
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To: oldbill

Hi Old. It’s not like the good old days. In the old days, we had foreigners like Albert Einstein, John von Nuemann and Werner von Braun propel the Manhattan Project and then U.S. dominance in space. Now, it seems all the bright people are Asian.

We had people like Andrew Carnegie, John D. Rockefeller and J.P. Morgan, titans of business, in the past; and, Elon Musk, Sergey Brin and Peter Theil today.

In the old days, our top foreign-born entertainers were people like Bob Hope, Greta Garbo, Sophia Loren and Peter Lorre. Now, we have Melania Trump, Giselle Bundcheon, Gigi Hadid and Shania Twain.

It’s a good question why so many smart, beautiful, talented and entrepreneurial people come here. And, yes, it has always been tough to compete with them.

No doubt we have to secure the border. We should decide who comes here, and the reason should be because they will contribute positively to our society and make thins better for us as well as for them. What’s not like the good old days is that today most foreigners come here for entitlements, not for opportunity.


16 posted on 10/10/2025 2:58:02 AM PDT by Redmen4ever
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To: marcusmaximus

Fu— these globalist billionaires. Make the fee $100k annually.


17 posted on 10/10/2025 3:02:25 AM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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To: equaviator

Von Braun, the only man to be awarded the Iron Cross from Adolph Hitler and the Medial of Freedom from LBJ. He wisely never wore them.


18 posted on 10/10/2025 3:03:16 AM PDT by Forward the Light Brigade (. War is Hell, War IS a Crime.)
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To: rellic

You have no idea what modern software development is like. You are an absurd dinosaur.


19 posted on 10/10/2025 3:05:11 AM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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To: equaviator

Thats the point isn’t it . We need a handful of Germans not 80,000 per year for 30 years.


20 posted on 10/10/2025 3:06:44 AM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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