One of the problems with the highest bidder approach its going to favor senior devs. This is good thing but you also have to look at graduates who have come to the US to study and may not be able to earn that much immediately but are just as likely to earn a lot more in a few years. If the ruling forces them to move them, then it will result in draining the talent.
They really need to couple it with an automatic conversion of a student visa to a work visa upon graduating an accredited four year institution. You would need some protections to make sure that the university isn't just a funnel for back door visas, like requiring at least 50% enrollment by citizens or something like that, but it would be a great way to entice smart people to come here and stay here. And in fact remove a lot of the stress of graduating for a foreign student.
