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Vic Smith February 13th 08 05:05 PM

GI Bill
 
On Wed, 13 Feb 2008 11:57:19 -0500, John H.
wrote:



Yes, the contribution is $100 per month for the first 12 months. That was
instituted to get soldiers 'vested' and interested so they would actually
use the benefits. So they pay $1200 and in return get a little over
$39,600. Not a bad investment, if they use it.



That's a lot better than I understood it to be back when.

--Vic

John H.[_3_] February 13th 08 05:07 PM

GI Bill
 
On Wed, 13 Feb 2008 11:52:40 -0500, Gene Kearns
wrote:

On Wed, 13 Feb 2008 11:32:10 -0500, John H. penned the following well
considered thoughts to the readers of rec.boats:

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.


By now, I'd think the Korean and Vietnam vets would have used whatever GI
Bill education benefits they wanted to use.

Webb makes it sound as though the current crop of folks leaving the
military get nothing. They will receive about $1100 per month. Tuition at
George Mason University is $3420 for a full time student taking 12-16
hours. That doesn't seem like such a bad deal to me.



IMHO, this should be a payment based on actual costs for education. I
see students every day that have no interest in the subject matter,
but if they don't use the (using your figures) GI bill they have, at
$1100 a month, they will lose it.

Over the course of the 2 year program their education costs will run
about $225 per month... they will pocket the $875/month as profit.

91.5% of statistics are made up as the speaker talks, this 7:1 benefit
seems to be one of them.....

PS
For at least the first two years of study, I can't see any reason (as
a taxpayer and educator) to pay a school (like GWU) $230 per semester
hour, when the same education can be obtained at a local community
college for about $48 per semester hour.


Agree with all.


--
John H

John H.[_3_] February 13th 08 05:08 PM

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

Vic Smith February 13th 08 05:20 PM

GI Bill
 
On Wed, 13 Feb 2008 12:08:57 -0500, John H.
wrote:


Vic, the numbers I used in an earlier post are accurate.


Hadn't seen that, but I expect you know it well.

--Vic

HK February 13th 08 05:22 PM

GI Bill
 
Gene Kearns wrote:

PS
For at least the first two years of study, I can't see any reason (as
a taxpayer and educator) to pay a school (like GWU) $230 per semester
hour, when the same education can be obtained at a local community
college for about $48 per semester hour.



That really depends upon the qualities of the student and the quality of
the school.

I would have thought George Washington U (GWU) was more than $230 a
credit hour. Good private universities are way, way up there, $1000 a
credit hour or more.



Reginald P. Smithers III[_9_] February 13th 08 05:29 PM

GI Bill
 
John H. wrote:
On Wed, 13 Feb 2008 11:52:40 -0500, Gene Kearns
wrote:

On Wed, 13 Feb 2008 11:32:10 -0500, John H. penned the following well
considered thoughts to the readers of rec.boats:

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.
By now, I'd think the Korean and Vietnam vets would have used whatever GI
Bill education benefits they wanted to use.

Webb makes it sound as though the current crop of folks leaving the
military get nothing. They will receive about $1100 per month. Tuition at
George Mason University is $3420 for a full time student taking 12-16
hours. That doesn't seem like such a bad deal to me.


IMHO, this should be a payment based on actual costs for education. I
see students every day that have no interest in the subject matter,
but if they don't use the (using your figures) GI bill they have, at
$1100 a month, they will lose it.

Over the course of the 2 year program their education costs will run
about $225 per month... they will pocket the $875/month as profit.

91.5% of statistics are made up as the speaker talks, this 7:1 benefit
seems to be one of them.....

PS
For at least the first two years of study, I can't see any reason (as
a taxpayer and educator) to pay a school (like GWU) $230 per semester
hour, when the same education can be obtained at a local community
college for about $48 per semester hour.


Agree with all.



Most first level schools are in the $35,000 - $40,000 a year range.

BAR February 13th 08 05:49 PM

GI Bill
 
John H. wrote:
On Wed, 13 Feb 2008 10:35:49 -0600, Vic Smith
wrote:

On Wed, 13 Feb 2008 11:32:10 -0500, John H.
wrote:

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.
By now, I'd think the Korean and Vietnam vets would have used whatever GI
Bill education benefits they wanted to use.

Webb makes it sound as though the current crop of folks leaving the
military get nothing. They will receive about $1100 per month. Tuition at
George Mason University is $3420 for a full time student taking 12-16
hours. That doesn't seem like such a bad deal to me.

My understanding of current GI bill is that you have to contribute if
you want ed benefits. I seem to remember when they changed it
it was quite a downgrade from what I had. Of course pay was quite a
bit higher too, so the bite maybe wasn't as bad as it looked to me.

--Vic


Yes, the contribution is $100 per month for the first 12 months. That was
instituted to get soldiers 'vested' and interested so they would actually
use the benefits. So they pay $1200 and in return get a little over
$39,600. Not a bad investment, if they use it.


$1200 buys a portion of a car, lots of beer, some tattoos and you can
date the colonel's daughter.

[email protected] February 13th 08 07:29 PM

GI Bill
 
On Feb 13, 11:43*am, Tim wrote:
Short Wave Sportfishing wrote:

.



Once again, the Korean and Vietnam vets get it tucked straight up the
ass.


Moron.


Tucked?

how about "CRAMMED!"


Or replace the "t" with an "f"......

John H.[_3_] February 13th 08 07:59 PM

GI Bill
 
On Wed, 13 Feb 2008 11:05:51 -0600, Vic Smith
wrote:

On Wed, 13 Feb 2008 11:57:19 -0500, John H.
wrote:



Yes, the contribution is $100 per month for the first 12 months. That was
instituted to get soldiers 'vested' and interested so they would actually
use the benefits. So they pay $1200 and in return get a little over
$39,600. Not a bad investment, if they use it.



That's a lot better than I understood it to be back when.

--Vic


Actually, I don't know what the total entitlement was for Vietnam era vets.
I used the hell out of the GI Bill, but it was for master's programs at
night school. I was never a full time student on the GI Bill, so they
reimbursed only the actual tuition expenses.

I went to college on the Army's 'Undergraduate Degree Completion Program'
which was a hell of a good deal. The Army paid my salary, with allowances,
all the tuition and book costs, and gave me an additional $100 a month for
typing, paper, etc. That was a way to get officers with only a high school
education a degree.
--
John H

John H.[_3_] February 13th 08 08:02 PM

GI Bill
 
On Wed, 13 Feb 2008 12:29:35 -0500, "Reginald P. Smithers III" "Reggie is
Here wrote:

John H. wrote:
On Wed, 13 Feb 2008 11:52:40 -0500, Gene Kearns
wrote:

On Wed, 13 Feb 2008 11:32:10 -0500, John H. penned the following well
considered thoughts to the readers of rec.boats:

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.
By now, I'd think the Korean and Vietnam vets would have used whatever GI
Bill education benefits they wanted to use.

Webb makes it sound as though the current crop of folks leaving the
military get nothing. They will receive about $1100 per month. Tuition at
George Mason University is $3420 for a full time student taking 12-16
hours. That doesn't seem like such a bad deal to me.

IMHO, this should be a payment based on actual costs for education. I
see students every day that have no interest in the subject matter,
but if they don't use the (using your figures) GI bill they have, at
$1100 a month, they will lose it.

Over the course of the 2 year program their education costs will run
about $225 per month... they will pocket the $875/month as profit.

91.5% of statistics are made up as the speaker talks, this 7:1 benefit
seems to be one of them.....

PS
For at least the first two years of study, I can't see any reason (as
a taxpayer and educator) to pay a school (like GWU) $230 per semester
hour, when the same education can be obtained at a local community
college for about $48 per semester hour.


Agree with all.



Most first level schools are in the $35,000 - $40,000 a year range.


Well, George Mason University may not be a 'first level' school, but it
does have a pretty good reputation around here, and elsewhere. It is a
state school, and the cost quoted do not include living expenses.

I don't think the GI Bill should provide for Yale type tuition.
--
John H


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