I disagree with the Economics 101 comment. First, higher-skilled workers come to work in the US in far lower numbers than unskilled workers and, as a result,
the spillover effect on the lower skilled market should be negligible. Also, they are already educated
at no cost for the government. Second, they command higher wages and are more sophisticated consumers
creating, in this way, more openings for low-wage service jobs as a secondary effect. Finally, they make
contributions in terms of innovative ideas and increased efficiency. These changes lead to productivity gains that, in turn, generate high quality job openings. In sum, I believe that common sense economics show that highly educated individuals are net contributors to the US economy and the welfare of its entire society.
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