Comment Your impression is wrong (Score 1) 31
If the corporation decides they want to keep the H1B then yeah the loans do get paid off by them or the corporation.
But if they don't keep them here which is not uncommon then the taxpayer just eats it
Meanwhile as an American you simply cannot apply for these programs. I mean technically you can but they're not there for you. I have had H1B coworkers ask me why us Americans aren't taking advantage of these programs only to have to explain that we can't because they're not for us.
You're also missing the point. These programs don't exist to educate those people it's just job training. The actual expensive education is done in their native country. That's typically where they get their bachelors and or masters degrees. That is billions of dollars worth of education spending that happens overseas where American billionaires don't have to pay for it.
That's the real cost savings. They can completely do away with 90% of education funding in America and get other countries to pay for it.
Which is a great deal for the billionaires getting tax cuts but for anyone who has kids and now has to come up with an additional 40 or $50,000 to pay for tuition because your kid is competing with somebody from India or even China good luck with that.
And if you bring this up the left wing will scream at you for being racist and the right wing will try to bury you in the algorithm and the centrists will tell you that it's fine because GDP go up and so line go up and line go up is always good.