Been happening for a lot longer than we like to admit. Students coming to the US for education and then returning home to work have been the norm since the early '00s, on account of the US higher education system being highly subsidized by the States and Feds. This made US education relatively cheap for its quality, especially at the state university level.

But that was good, actually, because we became a nexus of research and development. Lots of students came, got education, and left. Lots more stayed around, lured by the high paying jobs at domestic firms. A few even joined the education staff of the universities themselves. A bit of brain drain was fine, so long as we produced far more than we lost.

Now we’re just hemorrhaging talent and expertise because we no longer value the work product of the professional classes. We’re pricing people out of public universities and imposing strict ideological tests on the students we do let in. We’re going full eugenics mode on senior staff and administration. And we’re turning education more and more into a means of profiting off credentialing than accruing working knowledge or performing independent research.

America is dismantling all of its socialist institutions.