The free market and higher wages will incentivize more of our best students to switch to STEM. There is ZERO need to do anything.
Trust the free market for labor FOR ONCE. Allow the invisible hand to work.
Things were horribly stacked against American graduates. That was done by government AND industry. They need to change their ways. President Trump can force that. Unfortunately the “invisible hand” is not at work or at least not in favor of US students. Universities make way too much money off foreign students. The foreign thumb on the scale is very bad. Prof. Victor Hanson rails against this constantly.
You are naive. The free market doesn’t exist when an American engineering graduate has to compete with H-1B foreign hires who will work at much lower wages as indentured servants to the tech companies that hire them.
And those H-1Bs are not all Elon Musk geniuses. Most of them are inferior -very inferior - in intelligence, competency, work ethic, and good old American ingenuity. Don’t think so? Try working with some of them.