By the way, which MBA program costs 200,000? I know it can get up to 150k but not 200. Not for a FT MBA. Is that EMBA?
I think it would be awesome, if you could get a blank work permit that lets you do anything. I believe you can get it in Ecuador and panama if you bring in enough money. You can even get it in the United States if you bring in 1 million or 500,000 of outside investments. But if you have that kind of money on your hands to start with, you’re probably not stressed out about a work permit too much.
You are also opening a door to an interesting dilemma. Majority of the students enrolled in the US business schools are actually US citizens. Usually around 65-70% are US citizens. If you were suggesting that the current price of tuition should include a work permit that’s better than the current OPT, should then all the US citizens get a discount on their MBA? They’re not benefiting in anyway from this new amazing work permit. How is it fair that they’re paying the same price but not getting additional benefits? If anything, they will now have more competition for the best jobs.
I think it would be nice to update the immigration policies and make it easier to get a work permit. Frankly I don’t know that it’s really hard to get one today. All you have to do is find a job that will sponsor you for H1B.... I have gone through that and while there are drawbacks when it comes to losing employment or term expiration, The system seems to work. I’ve done it and gone through it.... but Here’s my suggestion, let the tuition be and instead use taxes to pay for the benefit of this amazing work permit. Maybe it comes with a tax rate equivalent to taxes in the wonderful places you have mentioned in your post, like Canada or Europe. So instead of a 30% tax, one could pay 50 or 60% that seems to be keeping everything in balance. First, you get the work permit; second, The financial rewards are equivalent with those in Europe were taxes are high, and third, the parity between the US citizens international students is restored, And finally if somebody wants to go home after graduation, or they don’t need this work permit, they don’t have to pay for it. Seems like a perfect solution esp since people on H1B pay less taxes today.
andyprezth wrote:
"I do not think immigration is a part of the business school offering" - Well, then it should be part of their offering.
They shouldn't take $200k from students and not warn them about the future at-least. I know it's not in their interest to talk about this hence they market 30 month OPT as if it's a golden ticket, well it's not. I have gone through OPT, CPT, 6 hrs of H1B and now in GC line for 6 years. You may think I'm exaggerating things and I don't blame you because most Americans are unaware of this issue.
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