“The results are striking—43 percent of companies in the 2017 Fortune 500 were founded or co-founded by an immigrant or the child of an immigrant, and among the Top 35, that share is 57 percent.”
And likely, that is a VERY SMALL percentage of ‘immigrants’ and most likely they came here legally to study at college, or already had a college education - and rose through academia to PhD or DSC level, then founded their companies.
Now, how many illegal immigrants actually did that?
YR:"Of course they are from the same subset of immigrants, right? I mean otherwise, your comment would be dishonest.
In my business I have encountered any number of second generation US citizens who through parent driven initiative, drive and ambition have excelled in college and have taken good professional careers. All this while the parents work 2 or more jobs to get their kids what they themselves never had. I am sorry to say, that is severely lacking among many (too many) American citizens whose parents were born here. When kids are pushed to excel by a parental unit, they have a far better chance of doing just that, than waiting for the next pandering promise of a free-be."
My next door neighbors, one legally from China, the other from Korea, did not have college educations. They had 3 kids.
Number 1 did well in high school. Went to UTD (University of Texas at Dallas) local school and took pre-med courses. Worked summers and during the year. Took classes at night. Did very well. Got a internship job that paid his Masters and then Medical Degree.
Number 2 repeated the same track 2 years later. Zero debt through Med School
Number 3 did the same.
All worked 40 hours a week, attended class, managed to get intnernships/scholarships. Parents each worked. They all lived at home and commuted.
What else can you say? The kids had drive. Were very motivated to WORK and STUDY and STUDY and excel.
Meanwhile, lots of spoiled native born kids loaf through college and pile up debt with easy courses to get their degree and expect big rewards for doing it. Barely work to earn a few bucks as ‘momma and papa’ send them oodles of money and they borrow $30,000 a year to pay for their education toward a liberal arts degree.