That sounds great. Come to USA after college, make a million dollars in a few years, move back home, get married, and build the Indian economy. You don't want a country where every who has the ability will leave.
LOL. Your comment doesn't even pass smell taste. How many people working as developers will make million dollars in few years after paying payroll taxes? Federal, state, social security, medicare on top of paying for housing, car insurance, health insurance, renter/house owner's insurance, trips back to homeland etc etc. Forget about fun and entertainment, or clothes, shoes, phones, computers, internet etc. Even with extreme level of penny pinching, 40% rate of saving is almost unachievable.
Now assuming every single immigrant that comes here after college makes $150 right off the bat, that $60K in bank every year. At that rate, to save million dollars, one would need 16.66 years. That too assuming there are no incidentals that become money pits.
Good luck getting married at almost 40 or getting uprooted and having to adjust to the different work environment or progress in the industry without any contacts. It's not all puppys and rainbows.
Hah that’s a wealthy American point of view.
When I first moved to the US I was saving 85% of my after tax income.
Most (non-scam) Indian H1B holders I know are saving 6 figures a year.
I agree, a million in a few years would be rare.
In 10 years though? It’s certainly reasonable.
Where there's a will, there's a way.
Besides, you're not going to make a million dollars in a few years. New grad salaries take a while to turn into experienced developer salaries, and the money you make from 20-30 is unlikely to last you all the way to retirement, even if you return to India.
It also true that we don't have the capability to support large number of talented folks. Thinks are improving for sure. But it will take much more effort to improve the situation rapidly.