[Mike Darancette]

If I’m reading it right this will be unlike H1B graduates who possess skill in short supply and have a sponsor employer. Foreign graduates will be able to compete with debt burdened American graduates for any job even McDonalds.

[ConservingFreedom]

H1B graduates who possess skill in short supply

Largely a myth:

'Under this system, employers classify

• 52 percent of H-1B workers at the lowest skill level, where they command a wage at the 17th percentile for the occupation and location.
  
  
• 30 percent at the next lowest skill level, where they command a wage at the 34th percentile.
  
  
• 12 percent at the next skill level, where they command the median (or actual prevailing wage).
  
  
• 6 percent at the highest skill level, where they command a wage at the 67th percentile.

'Notice that H-1B workers are "highly skilled" when industry wants more of them, but those very same workers become low-skilled when determining what they have to be paid.'

- http://cis.org/miano/primer-reporters-looking-h-1b-program