FWIW my daughter just landed a one year sandwich year (year 4 of a 5 year program) position in the UK with a multinational corporation that also has a large presence in the US. We are hopeful that will help with the job search after she graduates as other companies here in the US will be very familiar with her UK employer. So doing internships and such in the UK, which is allowed on student visa, is one way to mitigate the effect of a foreign degree.