Attrition: The G.I. Bill Factor


February 2, 2006: One of the major reasons many have forjoining the military for a single (usually four year) enlistment, are the G.I. Bill educational benefits. Under this law, active duty veterans got $1,034 a month if they are attending school full time. Reservists can get $297 a month, and reservists who have been activated can get as much as $827 a month, depending on length of active service. The G.I. Bill was first introduced right after World War II. It proved an unexpected success, creating over two million college graduates and over five million men and women with other training. The G.I. Bill greatly accelerated the rate of college attendance. At the time, high school was a relatively new educational concept, with less than half of all Americans graduating. College was seen much the same way graduate school is now. The G.I. Bill created an educated generation that kicked off the post-World War II economic boom that has continued to this day (without being interrupted by a major economic contraction.) The World War II G.I. Bill ended in 1956, but was revived a decade later, during the Vietnam war. It continued as the draft was dropped in 1972, and continues to be a basic "veterans benefit." The educational benefits are one reason why so many middle class kids still join. With so many college students graduating with lots of tuition loans, those with the G.I. Bill come out with little or no debt. Moreover, going to college in your early 20s, after military service, tends to be a more productive approach. A little maturity does wonders for your study habits.


Article Archive

Attrition: Current 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 



Help Keep Us Soaring

We need your help! Our subscription base has slowly been dwindling. We need your help in reversing that trend. We would like to add 20 new subscribers this month.

Each month we count on your subscriptions or contributions. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage. A contribution is not a donation that you can deduct at tax time, but a form of crowdfunding. We store none of your information when you contribute..
Subscribe   Contribute   Close