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CommunityEditor
06-30-2008, 08:27 PM
A $162 billion war funding bill that includes a $63 billion overhaul of GI Bill education benefits was signed Monday by President Bush.

“The bill shows even in an election year, Republicans and Democrats can come together to stand behind our troops,” Bush said, predicting the GI Bill increases would be a boost to military recruiting and also a boon to families if educational benefits are transferred to family members.

The signing of HR 2642 brings an end to a Pentagon cash-flow crisis that threatened to disrupt military and civilian payroll, cancel or delay maintenance, and postpone nonessential training and travel.

And, for the first time since the Vietnam War, there will be a completely free veterans’ education benefit program that pays enough to fully cover the cost of getting a four-year college degree.

There was a lot of back-patting as the Senate gave final approval to the measure Thursday with a 92-6 vote, but the lawmaker getting and appearing to deserve the greatest praise for the GI Bill initiative was Sen. Jim Webb, D-Va., a freshman senator and Vietnam veteran who said he was just trying to give combat veterans the benefits they deserve.

“Eighteen months ago, we began with the simple concept that those who have been serving since 9/11 should have the same opportunity for a first-class educational future as those who served during World War II,” Webb said before Thursday’s vote. “Today, we have accomplished that goal. I would like to emphasize that this is not simply an expansion of veterans’ educational benefits. This is a new program, a deserved program.”

Bush praised Webb and Republican senators John Warner of Virginia, Richard Burr of North Carolina, Lindsey Graham of South Carolina and John McCain of Arizona for working out the GI Bill compromise.

After a lot of debate, lawmakers have decided the new GI Bill program will be called the Post-9/11 Veterans Educational Assistance Act, the name Webb used when he first introduced the bill in January 2007, shortly after he took office. While the name is cumbersome and doesn’t appear suited for a spiffy acronym, congressional aides who worked on the bill said some veterans groups objected to calling it the 21st Century GI Bill of Rights, a name used by many supporters, because an education-only benefits plan is nothing like the original World War II GI Bill of Rights, which included education and unemployment benefits, loans to buy a home or start a business, and other readjustment benefits.


Article: http://www.militarytimes.com/news/2008/06/military_gibill_signed_063008w/

Measure Man
07-01-2008, 09:40 AM
A $162 billion war funding bill that includes a $63 billion overhaul of GI Bill education benefits was signed Monday by President Bush.

“The bill shows even in an election year, Republicans and Democrats can come together to stand behind our troops,” Bush said, predicting the GI Bill increases would be a boost to military recruiting and also a boon to families if educational benefits are transferred to family members.

The signing of HR 2642 brings an end to a Pentagon cash-flow crisis that threatened to disrupt military and civilian payroll, cancel or delay maintenance, and postpone nonessential training and travel.

And, for the first time since the Vietnam War, there will be a completely free veterans’ education benefit program that pays enough to fully cover the cost of getting a four-year college degree.

There was a lot of back-patting as the Senate gave final approval to the measure Thursday with a 92-6 vote, but the lawmaker getting and appearing to deserve the greatest praise for the GI Bill initiative was Sen. Jim Webb, D-Va., a freshman senator and Vietnam veteran who said he was just trying to give combat veterans the benefits they deserve.

“Eighteen months ago, we began with the simple concept that those who have been serving since 9/11 should have the same opportunity for a first-class educational future as those who served during World War II,” Webb said before Thursday’s vote. “Today, we have accomplished that goal. I would like to emphasize that this is not simply an expansion of veterans’ educational benefits. This is a new program, a deserved program.”

Bush praised Webb and Republican senators John Warner of Virginia, Richard Burr of North Carolina, Lindsey Graham of South Carolina and John McCain of Arizona for working out the GI Bill compromise.

After a lot of debate, lawmakers have decided the new GI Bill program will be called the Post-9/11 Veterans Educational Assistance Act, the name Webb used when he first introduced the bill in January 2007, shortly after he took office. While the name is cumbersome and doesn’t appear suited for a spiffy acronym, congressional aides who worked on the bill said some veterans groups objected to calling it the 21st Century GI Bill of Rights, a name used by many supporters, because an education-only benefits plan is nothing like the original World War II GI Bill of Rights, which included education and unemployment benefits, loans to buy a home or start a business, and other readjustment benefits.


Article: http://www.militarytimes.com/news/2008/06/military_gibill_signed_063008w/

Wow...the Post 9/11 GI Bill is huge!!

As i understand it...Montgomery GI bill people can transfer to this new GI Bill...which is awesome if you have kids that are gonna go to college, you can transfer it to them...not to mention it is 30% more and free....

Say "thanks" to your Military Coalition organizations!

ringjamesa
07-01-2008, 10:10 AM
Where do you get the 30%? It goes from $36,000 to $80,000 for tuition. Also now you get $1,000 a year for books and BAH as an E-5 w/dep. I would say that is more than a 30% increase! :-)

Measure Man
07-01-2008, 10:18 AM
Where do you get the 30%? It goes from $36,000 to $80,000 for tuition. Also now you get $1,000 a year for books and BAH as an E-5 w/dep. I would say that is more than a 30% increase! :-)

Not sure...thought I read $47,000 somewhere...yours sounds better!

Looks like a refund of payments under MGIB is in there also.

This is the best thing we've seen since the pre-Tricare era! My baby's goin' ta kollige

MrMiracle
07-01-2008, 10:38 AM
A shame I'm already done paying for my wife's college.

Between this, tuition assistance, and various states that already have veteran college programs, I'm thinking about collecting degrees for fun after the service.

ringjamesa
07-01-2008, 01:00 PM
Not sure...thought I read $47,000 somewhere...yours sounds better!

Looks like a refund of payments under MGIB is in there also.

This is the best thing we've seen since the pre-Tricare era! My baby's goin' ta kollige

It will vary by state-the VA has until Oct of '09 to get stats for each state (cost of tuition at the most expensive state schools). The "refund" won't actually occur until your max out your GI Bill so you could be in school for a while before you see it-basically for those of us who paid the $1,200, our GI Bill will be up to $81,200. Not sure how the kicker $ will be returned or if it will.

Calmo70
07-01-2008, 01:15 PM
For those that are getting this - absolutely more power to you. I agree with this bill.

I'm was under the old Vietnam Era GI Bill (later converted to the Montgomery GI Bill). The 31st of July (next month) will be my ten year mark since retirement to be able to use it (and I won't). Got my education with tuition assistance, CLEP/DANTES testing, and a couple of GI Bill paid courses. But, that is another story.

Basically, I am giving up my GI bill, but damn sure would have liked to have been able to transfer it to my son. He graduated last year with his BS which I paid a 100 percent of the cost. I'm extremely proud of him, but sure wish I had been able to transfer my GI Bill benefits to him.

Congrats to all those eligible for this new GI Bill - you deserve it.

Vince
07-01-2008, 05:40 PM
This new bill is very exciting. I'm currently in school and working full-time and the (current or "old") MGiB covered my tuition and books, plus some that went into my pocket. I don't want to seem to gloat, but I'm thrilled because I'll be banking thousands with this new program. I have about 12 months left on my degree plan, and now I'll probably keep taking courses just for the fun of it and laugh all the way to the bank.
That sounds bad...I've been fortunate to be in this situation. So many many others aren't and desperately need these changes.