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IITs, India’s top tech schools see opportunity in Trump’s H-1B curbs
The Economic Times· 2025-11-15 06:54
Core Viewpoint - The sentiment among India's elite tech circles reflects a quiet defiance toward the recent immigration restrictions imposed by the Trump administration, with a growing confidence in domestic opportunities reshaping career ambitions for top engineers [1][16]. Group 1: Impact of US Immigration Policies - The Trump administration's introduction of a $100,000 fee for H-1B visa applications and 50% tariffs on India has led to a reevaluation of career paths among Indian engineers, with some considering returning home [6][10]. - Historically, graduates from prestigious Indian Institutes of Technology (IITs) have sought lucrative positions in the US, but this trend is shifting as domestic growth prospects improve [7][8]. Group 2: Domestic Opportunities and Growth - Major global companies like Microsoft, Amazon, JPMorgan, and Goldman Sachs are establishing significant operations in India, providing high-end job opportunities that are attracting talent to stay in the country [8][10]. - India's startup ecosystem is thriving, with several homegrown firms going public, further encouraging young engineers to build careers domestically rather than pursuing opportunities abroad [9][10]. Group 3: Changing Aspirations Among Students - A notable fraction of IIT graduates are now opting to remain in India, reflecting a shift in mindset where US jobs are no longer seen as essential for success [11][12]. - Applications from Indian students to US colleges have decreased by 14% since Trump's return to office, indicating a cooling of aspirations for studying abroad [12][17]. Group 4: Recruitment Trends - Early recruitment data from IITs show strong hiring momentum, with domestic job offers outnumbering international ones, suggesting a robust local job market [14][15]. - In the 2023-24 academic year, IIT Bombay reported 1,475 accepted job offers, with only 78 from international companies, highlighting the growing preference for local opportunities [14][17].
New Lawyer Debates Whether To Stay At $200K Job He Hates Or Take A Pay Cut To Do What He Loves. Dave Ramsey Says There's Never Just 2 Options.
Yahoo Finance· 2025-10-26 15:46
Core Insights - A lawyer has secured a $200,000 job but is seeking advice on an exit strategy due to dissatisfaction with the role and a desire to pay off $88,000 in debt [1][2] Group 1: Job Situation - The lawyer works over 80 hours per week and finds the job unsustainable, aiming to transition to a government prosecutor role, which would result in a significant pay cut [2][6] - The lawyer is committed to staying in the current position for at least two years to pay off debt and build wealth [3][4] Group 2: Financial Strategy - Financial guru Dave Ramsey advises the lawyer to prioritize paying off the $88,000 debt before considering investments, emphasizing the importance of becoming debt-free [4][5] - Ramsey suggests exploring other legal career options that may offer better pay and more flexible hours, rather than being limited to the government prosecutor path [6]