What To Do With My Post 911 GI-Bill
November 24th, 2008
Back to School w/ the New GI-Bill
When I joined the Navy back in 1980, going to college wasn’t one of the life options that appealed to me. After all, if I didn’t like sitting in a classroom during high school, why would I think sitting in a classroom in college would have been any different. I wanted the adventure of the Navy, so I joined.
In November 1980, I arrived at Navy boot camp and was offered a college program. The program I was offered, Veterans Educational Assistance Program (VEAP), required an investment from me – for every dollar I put in, it would be matched with two dollars. The maximum I could invest was $2700 leaving a total of like $8100 for college. Not liking school very much in the first place, this didn’t seem like a very good turnover for my hard earned cash, so I didn’t enroll.
Sometime in the mid-80′s, the Montgomery GI-Bill (MGIB) came out. If I recall, the MGIB was a $100 a month for the first 12 months, and it paid you like $10,800 total over 36 months for up to 10 years after you got out of the service, that was a little better deal (Read the rest of the article…)
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