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#1
posted to rec.boats
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GI Bill
"Vic Smith" wrote in message ... On Wed, 13 Feb 2008 16:01:14 GMT, Short Wave Sportfishing wrote: On Wed, 13 Feb 2008 08:22:34 -0600, Vic Smith wrote: Saw Jim Webb on C-Span a while ago talking about his and Chuck Hagel's attempt to get the GI Bill back to where it was before Reagan. I think the guys putting their lives on the line for us in Iraq and Afghanistan deserve that. Webb said the educational benefits of that bill returned 7 to 1 (tax revenues vs costs.) I'm sure it did in my case. Probably more. Republicans in the Senate are generally not supporting it. Creeps. Once again, the Korean and Vietnam vets get it tucked straight up the ass. Moron. Guess you don't know much about it, or just have jerking knees. From right after WWII until sometime in the 80's, maybe late 70's, ALL vets were eligible for state school tuition, and a monthly stipend. I served 64-67 and that's how - and WHY - I attended college. What's your beef? Don't like Jim Webb? --Vic I don't know how or when the benefit package changed, but I was active duty from '68 to '77. Continued school after I got out with full GI benefits and purchased my first house with a VA backed loan. Eisboch |
#2
posted to rec.boats
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GI Bill
On Wed, 13 Feb 2008 11:38:45 -0500, "Eisboch" wrote:
I don't know how or when the benefit package changed, but I was active duty from '68 to '77. Continued school after I got out with full GI benefits and purchased my first house with a VA backed loan. As I recall reading it, the change was something like a 100% match of what you contribute for tuition. So you'd have to contribute $1000 to get $2000 back. My tuition was paid in full, no contribution from me. Besides that I was getting a gov check for $400 a month while in school. There was a maximum, and I hit it as I finished school. I doubt I would have attended college without that GI Bill, because I started late and already had kids. Didn't use a VA backed loan for my first house as I had 20% down, which used to be the standard. I recall hearing the VA loans sometimes were a hassle in Chicago, because an inspection had to find the house up to all codes, which often required the seller do some work, making VA buyers less desirable. --Vic |
#3
posted to rec.boats
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GI Bill
"Vic Smith" wrote in message ... On Wed, 13 Feb 2008 11:38:45 -0500, "Eisboch" wrote: I don't know how or when the benefit package changed, but I was active duty from '68 to '77. Continued school after I got out with full GI benefits and purchased my first house with a VA backed loan. As I recall reading it, the change was something like a 100% match of what you contribute for tuition. So you'd have to contribute $1000 to get $2000 back. My tuition was paid in full, no contribution from me. Besides that I was getting a gov check for $400 a month while in school. There was a maximum, and I hit it as I finished school. I doubt I would have attended college without that GI Bill, because I started late and already had kids. Didn't use a VA backed loan for my first house as I had 20% down, which used to be the standard. I recall hearing the VA loans sometimes were a hassle in Chicago, because an inspection had to find the house up to all codes, which often required the seller do some work, making VA buyers less desirable. --Vic My experience with the VA backed loan program was different. The guy showed up, asked me what the house was selling for, then asked if I thought it was worth it. I said yes, and he signed off on it. Eisboch |
#4
posted to rec.boats
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GI Bill
On Wed, 13 Feb 2008 10:59:00 -0600, Vic Smith
wrote: On Wed, 13 Feb 2008 11:38:45 -0500, "Eisboch" wrote: I don't know how or when the benefit package changed, but I was active duty from '68 to '77. Continued school after I got out with full GI benefits and purchased my first house with a VA backed loan. As I recall reading it, the change was something like a 100% match of what you contribute for tuition. So you'd have to contribute $1000 to get $2000 back. My tuition was paid in full, no contribution from me. Besides that I was getting a gov check for $400 a month while in school. There was a maximum, and I hit it as I finished school. I doubt I would have attended college without that GI Bill, because I started late and already had kids. Didn't use a VA backed loan for my first house as I had 20% down, which used to be the standard. I recall hearing the VA loans sometimes were a hassle in Chicago, because an inspection had to find the house up to all codes, which often required the seller do some work, making VA buyers less desirable. --Vic Vic, the numbers I used in an earlier post are accurate. -- John H |
#5
posted to rec.boats
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GI Bill
On Wed, 13 Feb 2008 11:38:45 -0500, "Eisboch" wrote:
I don't know how or when the benefit package changed, but I was active duty from '68 to '77. Continued school after I got out with full GI benefits and purchased my first house with a VA backed loan. Yes you could, but you could get a commercial loan for .25% less than what the VA authorized and there was considerably less paperwork. And it wasn't a full "loan" - it was a security backed loan with a guarenteed down payment - not the full loan like WWII vets got. |
#6
posted to rec.boats
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GI Bill
"Short Wave Sportfishing" wrote in message ... On Wed, 13 Feb 2008 11:38:45 -0500, "Eisboch" wrote: I don't know how or when the benefit package changed, but I was active duty from '68 to '77. Continued school after I got out with full GI benefits and purchased my first house with a VA backed loan. Yes you could, but you could get a commercial loan for .25% less than what the VA authorized and there was considerably less paperwork. And it wasn't a full "loan" - it was a security backed loan with a guarenteed down payment - not the full loan like WWII vets got. It really wasn't a loan at all. The VA simply "co-signed" in a way, my application for a mortgage. Eisboch |
#7
posted to rec.boats
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GI Bill
On Wed, 13 Feb 2008 10:22:40 -0600, Vic Smith
wrote: What's your beef? Don't like Jim Webb? I served '66 to '72 and know full well what $238/month did - squat. Might have paid for books if you had a light semester. And it did nothing for out-of-state tuition if you were living somewhere other than your home state of enlistment. Do a direct comparision of benefits from WWII and Vietnam. WWII vets to this day can get totally free education paid for by the VA - can you? I don't give a rat's ass about Jim Webb. Don't even get me started on Veterans Health care. |
#8
posted to rec.boats
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GI Bill
On Wed, 13 Feb 2008 20:44:51 GMT, Short Wave Sportfishing
wrote: On Wed, 13 Feb 2008 10:22:40 -0600, Vic Smith wrote: What's your beef? Don't like Jim Webb? I served '66 to '72 and know full well what $238/month did - squat. Might have paid for books if you had a light semester. And it did nothing for out-of-state tuition if you were living somewhere other than your home state of enlistment. I got 400 a month with 2 kids and it made all the difference in the world. State school was fine for me, and books weren't nearly as expensive as they are for kids now. It really ****es me off when my kids are forced to pay OVER 200 BUCKS for a book, and there is no "used book" option. The book/author/teacher scam was alive when I went to school, but didn't hurt like it does now. Do a direct comparision of benefits from WWII and Vietnam. WWII vets to this day can get totally free education paid for by the VA - can you? I do recall Webb mentioning WWII vets going to Columbia and Harvard on the bill, so I see your point. Doubt there was the huge cost difference then for the WWII vets then though, since those schools weren't so hoity toity. And Webb did mention what he's pushing for applies to state schools only. I don't give a rat's ass about Jim Webb. Given what John said about current benefits, I'm starting to question Webb's motives. Since I don't know the details of what Webb wants, I'll reserve judgement. One thing I don't like about the current system is opting in, since the enlisting kid might make an error about needing it in his future. Post-service education wasn't a thought in my mind when I enlisted. Should be automatic. --Vic |
#9
posted to rec.boats
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GI Bill
"Vic Smith" wrote in message ... Post-service education wasn't a thought in my mind when I enlisted. Should be automatic. --Vic I hear you. I also preached to my three kids that "what" school you get your degree from is nowhere as important as getting a degree. The few exceptions are for those with career goals in politics or law. Maybe it's because I was always more tuned into technical disciplines where a school's "philosophy" had little to do with the laws of physics. Eisboch |
#10
posted to rec.boats
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GI Bill
On Wed, 13 Feb 2008 18:29:39 -0600, Vic Smith
wrote: On Wed, 13 Feb 2008 20:44:51 GMT, Short Wave Sportfishing wrote: On Wed, 13 Feb 2008 10:22:40 -0600, Vic Smith wrote: What's your beef? Don't like Jim Webb? I served '66 to '72 and know full well what $238/month did - squat. Might have paid for books if you had a light semester. And it did nothing for out-of-state tuition if you were living somewhere other than your home state of enlistment. I got 400 a month with 2 kids and it made all the difference in the world. State school was fine for me, and books weren't nearly as expensive as they are for kids now. It really ****es me off when my kids are forced to pay OVER 200 BUCKS for a book, and there is no "used book" option. The book/author/teacher scam was alive when I went to school, but didn't hurt like it does now. You think that's expensive - HA!! Try medical books. :) Do a direct comparision of benefits from WWII and Vietnam. WWII vets to this day can get totally free education paid for by the VA - can you? I do recall Webb mentioning WWII vets going to Columbia and Harvard on the bill, so I see your point. Doubt there was the huge cost difference then for the WWII vets then though, since those schools weren't so hoity toity. And Webb did mention what he's pushing for applies to state schools only. I went to a state school - the problem was that it wasn't the state in which I enlisted. Fortunately, after my first semester, I received an academic scholarship which paid for the tuition - books and living expenses were still mine. I don't give a rat's ass about Jim Webb. Given what John said about current benefits, I'm starting to question Webb's motives. Since I don't know the details of what Webb wants, I'll reserve judgement. One thing I don't like about the current system is opting in, since the enlisting kid might make an error about needing it in his future. Post-service education wasn't a thought in my mind when I enlisted. Should be automatic. I agree with that. I mean, I don't begrudge the current veterans their due - good for them. It just annoys me that Korean and Vietnam vets weren't given the same status as WWII vets. Sorry if I sounded a little strident. I have issues with Jim Webb that go back a few years. |
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