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Strategies & Market Trends : The Amateur Traders Corner
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To: John Chen who wrote (17104)12/8/2001 6:55:33 PM
From: Tom Hua  Read Replies (2) of 19633
 
John, throughout my career I have visited many research labs and universities at home and abroad (Japan, Germany, France, Italy, Russia, Latvia, China...) and interacted with scientists there. I can tell you from my experience the U.S. has the finest higher education system in the world. Unfortunately for the last decade there was lack of interest among Americans to pursue advanced degrees in science and engineering. Few were willing to spend 4-6 years as a poor graduate student instead of making big bucks down in Silicon Valley. The end result is more than half of engineering grad students are from foreign countries. Luckily there's no drain of brain power, many stay to work here after graduation.

Last Thursday we interviewed a candidate who was from China with U.S. training and is currently a post-doc at one of the well known universities in the country. This candidate is making $31,000 a year. My gosh, I mean our janitor probably makes more than that.

Regards,

Tom
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