New top story on Hacker News: How do H1B consultancies have abundance of jobs when new grads struggle?

How do H1B consultancies have abundance of jobs when new grads struggle?
1 by lance_klusener | 0 comments on Hacker News.
Question 1] How do H1B consulting companies that take money from candidates to apply for H1B have abundance of jobs, But on the other hand new grads are struggling for jobs? 2] What's the catch for a candidate applying thru these H1B consulting companies? Seems like a win-win situation for candidate and the consulting company Background 1] There are H1B consulting/contracting companies that can apply for H1B visa for south Asia based candidates 2] Candidates apply for multiple H1B visas thru multiple companies. Each H1B visa is only 10$ application fee 3] Companies benefit - Once visa is selected, they take anywhere from 5K to 10K USD from the candidate + a percentage of future earnings 4] Candidate benefit - Thru relatively low uplift, candidate gets a chance to work for USD earnings