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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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To: FLT-bird

Ken Griffen will rot in hell one day.


21 posted on 10/10/2025 3:07:44 AM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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To: Redmen4ever

“ Now, it seems all the bright people are Asian.”

You don’t really believe that? My God what happened to Free Republic?


22 posted on 10/10/2025 3:11:05 AM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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To: central_va
"We need a handful of Germans not 80,000 per year for 30 years."

Not now, but 70 years ago we did. Von Braun appeared in Disney's "Man In Space" series in 1955!


23 posted on 10/10/2025 3:19:59 AM PDT by equaviator (Nobody's perfect. That's why they put pencils on erasers!)
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To: marcusmaximus

At my daughter’s graduation from engineering school, 90+% of the advanced degrees in some departments went to Asian students, more South than East. How many of those were foreign students rather than Americans? Guessing more than half.


24 posted on 10/10/2025 3:33:46 AM PDT by heartwood (Please blame all ridiculous or iinappropriate words on autocorrect. Thank you. )
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To: All

Pro-White Genocide clown who hates America.


25 posted on 10/10/2025 3:57:13 AM PDT by escapefromboston (Peace, commerce and honest friendship with all nations, entangling alliances with none.)
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To: central_va

Actually I do. I designed those systems.
I may be a “dinosaur” but I can still manipulate at
the machine code level and you cannot!


26 posted on 10/10/2025 3:57:53 AM PDT by rellic (No such thing as a moderate Moslem or Democrat )
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To: Omnivore-Dan

I have never worked in the NY/NJ metro but have done so in most of the other major metros. What you describe is what I have seen happen in the IT industry of those areas.


27 posted on 10/10/2025 4:19:28 AM PDT by Degaston
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To: Degaston

It’s a damn shame.


28 posted on 10/10/2025 5:06:32 AM PDT by Omnivore-Dan (have to )
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To: marcusmaximus

As a near victim, I can tell you that H1Bs are cheap foreign labor. Nothing else. There’s nothing worse than getting replaced by incompetent Indians. Indian H1Bs are basically indentured servants. Not to mention H1Bs are disgusting because of the overwhelming smell of curry.


29 posted on 10/10/2025 5:08:19 AM PDT by DeplorablePaul
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To: heartwood

And the other half were “legal” anchor babies.


30 posted on 10/10/2025 5:10:41 AM PDT by marcusmaximus
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To: marcusmaximus

It’s more important that the 55 million low-skill illegals go home, but we already have other legal paths for prodigies.


31 posted on 10/10/2025 5:18:52 AM PDT by 9YearLurker
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To: ponygirl

I’m not sure you read what I did - I read that Trump’s changes to the HIB Program aren’t going to hurt any businesses because, if the person is good enough, the cost is worth it...I’m not concerned for other Asian students (India is part of Asia) either....This still opens more doors for American students/workers.


32 posted on 10/10/2025 5:22:18 AM PDT by trebb (So many fools - so little time...)
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To: marcusmaximus

Open up shop in India or China, Griffin. Your sole interest is on the bottom line and not the welfare of US students.


33 posted on 10/10/2025 5:29:39 AM PDT by SharpRightTurn (“Giving money & power to government is like giving whiskey & car keys to teenage boys” P.J. O'Rourke)
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To: central_va

Far bigger pool with more above-average types making it over here, from cultures and schools that haven’t completely crashed their educational systems as we have here. Brains aren’t evenly distributed by country, and yes, some populations repeatedly score above ours.


34 posted on 10/10/2025 5:48:37 AM PDT by 9YearLurker
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To: ponygirl

Of course not. But those students will at least succeed from the lower-level schools and still contribute at a high level.


35 posted on 10/10/2025 5:49:39 AM PDT by 9YearLurker
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To: DeplorablePaul

Not “cheap” foreign labor but also sociopathic management can treat them like garbage and they can’t leave without getting deported.


36 posted on 10/10/2025 5:50:14 AM PDT by escapefromboston (Peace, commerce and honest friendship with all nations, entangling alliances with none.)
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To: central_va

You’re correct. They’re not all Asian. There’s a white guy on our Math Olympiad team.

https://images.search.yahoo.com/yhs/search;_ylt=AwrFDYdYA.lo_QEABAAPxQt.;_ylu=Y29sbwNiZjEEcG9zAzEEdnRpZAMEc2VjA3BpdnM-?hspart=iba&hsimp=yhs-3&type=teff_10019_FFW_ZZ&grd=true&p=u.s.+world+champion+math+team&fr=yhs-iba-3#id=0&iurl=https%3A%2F%2Fmaa.org%2Fwp-content%2Fuploads%2F2025%2F02%2Fmathromania.jpg&action=click


37 posted on 10/10/2025 6:01:34 AM PDT by Redmen4ever
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To: equaviator

Von Braun?
Don’t kid yourself.
Yes, he passed on knowledge from his V-2 days.
But he admitted that he got a lot of his smarts from American Paul Goddard.

And don’t kid yourself in thinking he designed the still unmatched Saturn F1 rocket engines and a lot of the Apollo subsystems.
That was done by scores of hard working American engineers, most in their twenties, solving one problem after another.

Remember Apollo 13?
Didn’t see many of them genius Indian H-1Bers there, did you?


38 posted on 10/10/2025 6:09:09 AM PDT by oldbill
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To: marcusmaximus

Consider the impact on our universities. It may break some of them.

But that’s just one of the benefits. There are others.


39 posted on 10/10/2025 6:14:46 AM PDT by Cincinnatus.45-70 (What do DemocRats enjoy more than a truckload of dead babies? Unloading them with a pitchfork!)
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To: marcusmaximus

So many smart people yet they still crap in the streets and dump human remains in their water supply.


40 posted on 10/10/2025 6:42:20 AM PDT by Organic Panic ('Was I molested. I think so' - Ashley Biden in response to her father joining her in the shower.)
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