Microsoft Says U.S. Science Education Needs $5 Billion

This time, it is Microsoft that says the nation's education system could use a $5 billion injection into the segments of math, science and technology education over the next 10 years.

The note comes from Microsoft's general counsel executive vice president Brad Smith, signalling that technology companies are seeing a considerable shortage of workers. Smith suggested that the $500 million per year investment could be raised by adding 20,000 high-skill immigration H-1B visas for workers in the areas of science, technology, engineering and math (STEM) to the already existing 85,000 visas and charge $10,000 for each of them. The visas currently run for $2,800. Additionally, the government could monetize 15,000 unused green cards per year with a fee of $15,000 each.

Smith stressed that the education improvement is necessary because the U.S. would be falling behind other nations. Such claims are not new and are often expressed by tech giants, including Intel. While these companies typically sponsor education programs themselves and run science fairs with incentives for kids and teenagers to begin a science career, they also noticed a trend in which other nations are creating greater numbers of skilled workers than the U.S. For example, it is believed that China surpassed the U.S. in PhD graduates per year in 2010 and graduated more than three times the number of four-year degrees in science fields in the same year.

 

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  • sixdegree
    Or the government can cut back a tiny fraction of their military spending and allocate it to science and education instead of selling working visas and green cards. That's kinda solves education funding as well as unemployment problems.
    19
  • husker
    freggoIf Mr. Gates really was giving up oh so many of his Billions how come he still has them all ?Or is he just funneling them into his non-profit 'charity' to shelter them from taxation ?

    Two seconds on a google search will lead you to the Melinda and Bill Gates Foundation. This is from wikipedia:

    The Bill & Melinda Gates Foundation (B&MGF or the Gates Foundation) is the largest transparently operated[4] private foundation in the world, founded by Bill and Melinda Gates. It is "driven by the interests and passions of the Gates family".[5] The primary aims of the foundation are, globally, to enhance healthcare and reduce extreme poverty, and in America, to expand educational opportunities and access to information technology. The foundation, based in Seattle, Washington, is controlled by its three trustees: Bill Gates, Melinda Gates and Warren Buffett. Other principal officers include Co-Chair William H. Gates, Sr. and Chief Executive Officer Jeff Raikes. It had an endowment of US$33.5 billion as of September 30, 2011.
    11
  • Other Comments
  • DroKing
    PhD degrees are overpriced in US. I dropped out of college myself because it was costing 4 grand a quarter uhh to expensive for me. Ill stick with working.
    -1
  • sixdegree
    Or the government can cut back a tiny fraction of their military spending and allocate it to science and education instead of selling working visas and green cards. That's kinda solves education funding as well as unemployment problems.
    19
  • JDFan
    Perhaps if MS weren't moving all of their money into offshore banks to avoid paying the taxes the Govt would be able to invest more into the education system ! Seeing that according to This ARTICLE MS avoided more in taxes than they say is needed !!

    Quote:
    The report stated that Microsoft used transactions with subsidiaries in Puerto Rico, Ireland, Singapore and Bermuda to save at least $6.5 billion in taxes.
    -10