07.08.09
New GI bill – benefits vary by state???
Yup, you read that right.
The feds decided to provide veterans with a stipend equaling the cost of the most expensive public state school. Which is great if you live in New Hampshire – that’s $25K.
In California, it’s a whopping $0. Turns out, it’s illegal to charge tuition at public schools in California (though the thousands of dollars in fees seems to be legal… but that’s another story).
I grant you, it’s still a lot better than the old bill – it provides full in-state undergraduate tuition and fees as opposed to the old monthly stipend.
But what sounds like a great deal – providing the equivalent about to a private school- turns out to be a crappy lottery depending on where you live. I’m in Massachusetts. Veterans here will get about $2200 a year which is useless in a state that has some of the highest tuition and cost-of-living expenses.
Veterans are being penalized by states that have worked hard to keep tuition low.
And what about veterans pursuing graduate degrees?
Looks like Congress created a monster… again…