To help foreign students like Sureka beat those odds and keep their companies here, Babson and at least five other US schools are using a new approach that critics describe as exploiting a legal loophole.
The H-1B visa is the primary work permit for foreign nationals, reserved for employees with at least a bachelor's degree who work in specialty occupations such as math or technology. Workers must be sponsored by an employer to enter an annual lottery for the 85,000 visas awarded by the US This year, 236,000 workers applied.
Using that exemption, schools are creating "global entrepreneur in residence" programs that let some graduates work part-time on campus, often as mentors, while they develop their businesses. That allows the graduates to say they're providing a service to a US university, which can qualify them for the exemption and a smooth route to a visa.
"This movement came about because of challenges that student visa holders were beginning to face when they had completed a program," said Bill Stock, a Philadelphia attorney and president of the American Immigration Lawyers Association.
Congress created the exemption partly to help colleges hire researchers, prompting some critics to say that schools are now exploiting a loophole. In a February letter to the US immigration chief, Republican Sen Chuck Grassley of Iowa blasted the practice as a "backhanded attempt" to skirt federal rules. He called it a "seemingly unlawful" interpretation of the law.
Republican presidential candidate Donald Trump has broadly opposed H-1B visas, saying they take jobs from American workers and should be banned.
College officials say they're simply using flexibility in the law's language to address a growing problem. As more international students come to US schools, many want to stay in the country to start their own businesses. But with few legal routes beyond the H-1B lottery, entrepreneurs are routinely forced to go home.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
