Thursday, March 9, 2017

college cost

Today on Public Radio they were discussing the high cost of college and how tuition has increased as student loans became more available. They mentioned that many poor people cannot afford college. I have a way to help these people get a good education and at the same time perform a valuable patriotic service. They can join the military. If you sign up for three years of military service you are eligible for the GI Bill. If you then decide to attend the University of Minnesota the government will pay 100% of your tuition and fees plus $1,000 per year for books. They will also pay you $1,245 a month for housing and $100 per month for tutorial help. There is no tax to you for any of these benefits. If you decide to go to a private college the government will pay $22,000 per year for tuition and fees and most universities participate in a plan called Yellow Ribbon Program that will pay the rest of your tuition. The books and housing are the same as for public schools and these payments last for four school years, nine months per year or a total of 36 months. This means the student can have summers off to earn extra income and not graduate with a load of student debt. Most people feel that students older than average called SOTAs make better students plus there is the pride in knowing that you have paid your own way. In addition there are many educational benefits available during the three years of active duty. This can also be used for non-college career choices like trade schools.

No comments:

Post a Comment