There's also only 60,000 H1-Bs a year for private companies.
Lastly the majority of H1-Bs doesn't go to software engineering jobs, it's around 30-50%.
There's also basically no US company hiring juniors via H1-Bs, so yeah, I'm saying it doesn't make any meaningful impact.
30K H1-Bs versus 400K grads...
Actually, more like over 80,000. They have a separate pool for people with advanced degrees (MS or higher) in tech fields.
Agree with everything else.