My first thoughts...
- This news comes unexpected; we were expecting a move along the lines of a hefty increase in the minimum salaries through H1B program, which felt like a progressive (and not prohibitive) step, particularly in the context of MBA programs.
Note: Over 70% of H1B beneficiaries are Indians. Over 20% of GMAT takers are Indians.
- The average salary of Indians through H1B programs is $97k; hence, a $100k fee makes most such jobs impractical.
- It becomes all the more important for international applicants to opt for STEM designated MBA programs, so that there is a 3-year cushion.
- This step seems to be part of the broader negotiation that the Trump administration is engaged in (with India and other countries). Just as a reduction in the 50% tariff on India is anticipated, some relief in the H-1B visa fee may hopefully be expected in the coming days.
More to follow...
- A clarification came out last night: the fee is one-time (not annual) and applies only to new applications (not the already approved ones).
ExpertsGlobal5
Hello,
I am not sure whether this has been brought up, yet.
Starting this thread to discuss the potential impact.
Request
bb and other experts to pitch-in...
I will personally try to keep this thread updated as more information comes in.
Hoping for the best!
Experts' Global