While recruiters tell students that they can receive $70,000 for college through the Montgomery GI Bill, the average payout to veterans is only $2,151. To be eligible for educational benefits, soldiers must commit to serving three years on active duty and must also pay a nonrefundable “deposit” to the military of $100 a month for a year. Considering that only 43% of the soldiers who sign up for the program receive any money, the majority who seek financial assistance through the GI Bill actually end up paying the military $1,200 and get nothing in return. And a soldier who does get the average payment of $2,151 actually receives only $951 beyond his or her own contribution. Only 15% of all recruits graduate with a four-year degree.
Read the rest as the article discusses many more lies.
July 4, 2007
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2 comments:
One of my ex-boyfriends was in the Navy, and when he got out, he got NONE of his GI Bill, to my knowledge. He was promised $20K for every year he served (4). And I tell everyone I know about that if they mention going into the military purely for benefits.
I think it's great you're sharing that story with people who are contemplating entering the military because of the "benefits."
That's not really the reason one should enter the military these days.
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