GI Bill Changes Could Force Some Veterans to Drop Out
What started out as a way to simplify the GI Bill has turned into a nightmare for some veterans seeking higher education.
Last December, Congress adopted legislation that established a flat rate of $17,500 per year for tuition and fees at all colleges except public schools in veterans’ home states (which are paid in full).
The change meant an increase in college funding for most veterans. But for some in the middle of their undergraduate program at private colleges, the flat rate will have the opposite effect, causing them to be significantly short of money to pay tuition, and leaving them with two choices: borrow heavily or give up on college.
“We’ve heard from a lot of people who are considering transferring or dropping out of school altogether rather than take out big loans,” John McClellan, an organizer with Military Veterans of Columbia University, told Stars and Stripes. “They thought they had the promise of funding in place, but now it’s gone.”
It is estimated that veterans from 11 states will lose money next semester, as much as $10,000 in some cases.
http://www.allgov.com/Controversies/ViewNews/GI_Bill_Changes_Could_Force_Some_Veterans_to_Drop_Out_110302