I agree that both topics should be mentioned. But is AI not the main cause here? Basically, companies no longer see the same value prop in hiring highly-paid college grads with CS degrees. What has changed is AI — not their appetite for H1Bs. Maybe AI makes their H1Bs more effective, or maybe it makes their foreign workers in low-cost jurisdictions more effective.

Either way, it's AI that's changing the calculus on whether a Georgetown grad who worked her but off to get in, and to graduate with a CS degree, has lots of highly-paid prospects.