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You and some other folks seem to be oblivious on how H1-B works and this bill itself. You need to have 12 years of working experience OR bachelors degree OR a mix of both for H1-B eligibility.

Regarding students (PhDs or anyone on F-1 visa), they will get straight path to permanent residence.

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At least the pdf file for new H1B visa bill means that there will be new line or new path for F1 visa holders.

Also, F1 visa students provide good enough subsidies and education discounts to American students (both in-state & out-of-state tuition).

There is no straight path for students from F-1 visa to permanent residence.

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