The National Bureau of Economic Research released a study by economist George Borjas on the impact of the $100,000 fee on H-1B workers. The paper, titled 'THE H-1B WAGE GAP, VISA FEES, AND EMPLOYER DEMAND', shows that employers might still prefer hiring H-1B workers despite the heavy visa fee. Borjas, known as the brains behind Trump's immigration fees, found that “the average H-1B worker earns about 16 percent less than a US-born worker in the same locality and with the same education, age, gender, and occupation.” This wage gap means employers can save nearly $100,000 over the six-year visa term when hiring an H-1B worker, who usually earns more than $100,000 annually. Borjas said, “imposing a visa fee between $150,000 and $200,000 may not change the number of H-1B workers hired all that much,” as companies find it worthwhile to pay for these workers. His calculations suggest the fees could generate between $10 billion and $20 billion yearly and increase the skill level of H-1B workers. The study notes that immigration benefits grow when high-skill workers enter the workforce. Borjas also highlights that firms have market power because they must seek permission for each specific worker. The annual cap of 85,000 new H-1B visas makes these visas scarce and valuable. Despite the fee, companies are likely to continue hiring skilled H-1B employees to benefit from cost savings and talent.