[lukeqsee]

The green card system is already broken (this is pretty universally agreed). The notion that receiving a degree in the US—which often entails a large degree of cultural assimilation—doesn't give you a strong argument for being able to stay if you can find a job is archaic.

It's not like large tech companies don't know how to employee people in other countries, so I doubt this is going to impact hiring rates of foreign US-graduates, but rather keep more talent in the US (good for the US) and should have little to no effect on wages (again, if a tech company wants to hire them, they'll just hire them at a foreign office where they can obtain a working permit).