So if foreign students knew the couldn't even get a poorly paid job after graduating, would they go elsewhere? Would this cause a collapse of the university pyramid scheme? Would labs have to start paying real living wages for staff?
Lots less science would get done in the short term. US universities would no longer get the best and the brightest from around the world. The size of departments would plummet. But in a few years the number of graduates wouldn't totally dwarf the number of jobs available. That might not be a bad thing.
All because of some delusional billionaire who is allowed (by us) to play his real life monopoly game.
So the system is so fundamentally broken it needs massive re-engineering. I don't think the trumpists have a clue about how to do it, nor care, but their magic 8-ball approach to reform will have an impact.
(Source: I am on an O-1)
Edit: you can downvote me but it'd be nice to explain why at least. I have a hard time understanding how raising the salary requirement for capped H-1B visas will affect core science PhD students.