Thursday, April 30, 2009
Tomorrow Marks the Beginning of New G.I. Bill Era
There has been a buzz on capital hill about the new GI bill which is set to accept applications starting at midnight. This comes at a time when a record number of those eligible are participating in educational benefits programs sponsored by the armed forces, the number is currently at 70% of those eligible ( to give a point of reference in the WWII era it was 50 percent). The army is allowing for a total compensation of 36 months of education, this amount can be used by the serviceman/woman or can go towards there family by splitting up the months. The armed forces will give the maximum instate tuition as a base and then match every dollar a college puts towards the student after that amount. Clearly this is a strong incentive not only for those looking to join, but also for retaining those who have children entering college.
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