Tweaks To GI Bill Move Ahead
Proposed reforms to the Post-9/11 GI Bill will necessarily reduce benefits for some veterans, but supporters of the changes say that’s a necessary price to pay in order to ensure new provisions are approved in the waning days of the Congressional session. A key change in the U.S. Senate bill, which passed the Senate Monday and moves on to the House for consideration, creates a new national baseline on benefits for veterans attending all colleges -- public, private and for-profit. While the current law derives its maximum payout from the highest in-state public tuition in a given state, the new legislation would cap annual payouts at $17,500. Any expenses above that threshold could be covered by the Yellow Ribbon Program, which allows participating private colleges to enter into dollar-for-dollar matching agreements with the U.S. Department of Veterans Affairs.
Read more at www.insidehighered.com
Published on 12/28/2010
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Read more at www.insidehighered.com
Published on 12/28/2010
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