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US Colleges Say Hiring US Students a Bad Deal
theodp writes "Many US colleges and universities have notices posted on their websites informing US companies that they're tax chumps if they hire students who are US citizens. 'In fact, a company may save money by hiring international students because the majority of them are exempt from Social Security (FICA) and Medicare tax requirements,' advises the taxpayer-supported University of Pittsburgh (pdf) as it makes the case against hiring its own US students. You'll find identical pitches made by the University of Delaware, the University of Cincinnati, Kansas State University, the University of Southern California, the University of Wisconsin, Iowa State University, and other public colleges and universities. The same message is also echoed by private schools, such as John Hopkins University, Brown University, Rollins College and Loyola University Chicago."
That universities, even taxpayer-supported ones, are really out to take your money and give as little as possible in return. Out one side of the mouth: "Come apy us for a degree from here, and you'll get a great job!" Out of the other side: "Errrmmm.... don't hire our students, but we'll take your money for research!"
In short, if you work doing something productive in the USA, you will be screwed by any and all organizations because you cost more. Will the last person left with "loyalty to country" please turn off the lights when you go?
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Personally, I think anyone that hires executive talent in the USA is getting a bad deal. I suggest that we outsource all management to India and China where wages are low.
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And what the heck, the management couldn't get much worse.
Please do not read this sig. Thank you.
A quick message to the alumni associations of these schools might have a salutary effect on this practice. Something like, "Your alma mater recommends that you Hire UnAmerican", would probably make their next fund-raising drive somewhat interesting.
I've calculated my velocity with such exquisite precision that I have no idea where I am.
What do you expect from a guy that uses AOL for his email address?
While it is a private research school, also USC is home to two National Science Foundation (NSF is an independent US government agency responsible for promoting science and engineering through research programs and education) funded Engineering Research Centers: the Integrated Media Systems Center and the Center for Biomimetic Microelectronic Systems. So they are taking government money in at least two High tech areas.
Why bother
My tax money is paying to educate people one way or the other. What's the diff?
Why bother