There was a time when America was known as the land of dreams and true to its image, many people from all over the world came in with their dreams and most of them have been successful too. Interestingly, the major part of them comprised of us Indians and most importantly, the Telugus who have this big fascination for the dollar land. However, all that seems to be a thing of the past now as reality has struck in and this is called ‘Recession’. With the new government under president Obama coming up with tough stands on non American citizens, it has become a tough land to live in.
Now, reports have been flowing in that the worst hit are the Indian students who are on F-1 visas and are currently struggling to make their living. Apparently, the F-1 students tend to do a lot of part time jobs and research analyst jobs within the campus and earn their money so that the daily expenses can be met. But now, that situation is not happening anymore with no jobs around and now they have to rely on their parents in India for financial support. Also, there are those who go to the US in the garb of student visas with the sole purpose of making money and deferring their semesters but those people have now been struck badly.
It is now being said that they are now looking at motherland for openings and the situation is such that here it is better when compared to the American market, as per the experts. But then there is one drawback, due to the financial slowdown there is a heavy compromise on salaries that is happening and some of them may not really get the start they are looking for after having spent lakhs of rupees on their education. With so much happening, it is not just the H-1 or the long standing employees in the US who are facing the heat, atleast they are able to sustain since they have a bit of savings but the plight of the F-1 students seems to be in a rather bad shape and the American economy is said to be looking at another two years to come back to the regular speed so it could well be that the F-1 craze will come down till such time.
