Welcome to YLOAN.COM
yloan.com » Education » The Gi Bill And How It Helps Veterans Further Their Education
Education Self Improvement Addictions Anger-Management Attraction Coaching Creativity Goal-Setting Grief-Loss Innovation Leadership Motivation Organizing Positive-Attitude engagement luxury attractive personalized interview movers preparing tiles overcome nursing experts myths mattress scholarship confidence emergency english happiness

The Gi Bill And How It Helps Veterans Further Their Education

WWII had ended and troops were returning home to the United States

, ready to jump back in to civilian life. Something needed to be done to allow the troops to be reinstated into American life without flooding the job market. The government feared a breakdown of the economy causing another depression. A solution was found in the establishment of the Servicemens Readjustment Act of 1944; more commonly called the GI Bill.

The GI Bill has evolved into the Montgomery GI Bill and the Post 9/11 GI Bill. Currently, veterans of the US Armed Forces have access to funding for postsecondary school through the for certificates programs, vocational schools and colleges.

The original GI Bill included provisions for education and training, guaranteed home, farm and business loans, and unemployment pay. The educational benefits of the bill are the most commonly known. Approximately one-half of the 16 million WWII and Korean War veterans used the educational benefits by the time the bill expired in 1956. The diversion of thousands of vets into college kept the influx of workers into the job market manageable.

In 1966, the GI Bill was re-instituted as the Veterans Readjustment Benefits Act, later known as the Vietnam Era GI Bill. A higher percentage of this eras veterans used the educational benefits of this bill than any previous generation. However, with the onset of the all-volunteer military, the GI Bill ended for those entering the service after 1976.


Enactment of the Montgomery GI Bill

Education benefits remained an outstanding recruiting tool for the military and benefits were provided with the contributory Veterans Educational Assistance Program and the Montgomery GI Bill. The passage of these two programs ensured that veterans would be able to take out home loans and also provided veterans scholarships and matched educational contributions up to 8 times the amount the serviceman provided. The Montgomery GI Bill also allows benefits to be transferred to a spouse or children of the veteran.

Post September 11 GI Bill

In the summer of 2008, Congress passed the Post-9/11 Veterans Educational Assistance Act, which expanded educational benefits for those serving after September 10, 2001. The new bill provides tuition payment, a stipend for books and supplies, a housing allowance and other benefits for vets attending college, vocational school, trade school, or pursuing a certificate program. The benefits are tier-based on the amount of active duty time served since 9/11 and vary from state to state based on the cost of attending a public college.

Without the GI Bill many veterans would be unable to continue their education. The GI Bill continues to help veterans eliminate or lower the cost of education and provides for enough living expenses to make an additional income unnecessary for most veterans.

by: William Hauselberg
Choosing To Attend A Law School Are You Trying To Get Back Into School? How To Create A Preschool Lessson Plan In 9 Minutes Flat Psychology Schools And Degrees Offer A Variety Of Choices Proper Method Of Getting Financial Aid For Education The Time To Go To School Is Now Working Up A Strategy For Elementary School Fundraisers Elementary School Fundraising: Try Smencils And See The Dollar Sign Shine Philippines' Department of Education Weekend Getaway Successful Elementary School Fundraiser Ideas Toronto Forex Trading School - Forex Trading School For Successful and Profitable Currency Trading Forex Technical Analysis Education - Much of Forex Technical Analysis is Worthless Its becomes the neccesity to secure your students by RFID and GPS technology in schools
print
www.yloan.com guest:  register | login | search IP(216.73.216.102) California / Anaheim Processed in 0.017692 second(s), 7 queries , Gzip enabled , discuz 5.5 through PHP 8.3.9 , debug code: 18 , 2948, 56,
The Gi Bill And How It Helps Veterans Further Their Education Anaheim