Using Military Service to Pay for College, Pros & Cons?

Just pondering if anyone has used their military service as a way to fund their college education? Did it work out for you? Any pitfalls to watch out for?

Utilizing military service to fund your college education can definitely be a practical approach, and many have successfully pursued their education this way. Here are some pros and cons based on anecdotes, data, and general observations:

Pros:

1. Financial Benefits: The most notable advantage is the Post 9/11 GI Bill, which covers up to 100% of tuition and fees at public in-state schools. It also provides a monthly housing allowance and a stipend for books and supplies. For private and out-of-state schools, the Yellow Ribbon Program can help cover additional expenses.

2. Career Experience: The military can also provide essential, transferrable job skills, and leadership experience, making you a competitive candidate in the job market post-graduation.

3. Education While Serving: Certain branches of the military allow you to take classes while serving, so you may start earning college credits even before you leave the service.

Cons:

1. Time Commitment: Military service is a substantial commitment. Enlistment contracts are typically four to six years, and this doesn't include the time needed to complete your schooling.

2. Limitations on School Choice: While the Post-9/11 GI Bill does provide substantial educational benefits, it might not cover the total cost of attending private or out-of-state institutions, potentially limiting your school choices unless you qualify for the Yellow Ribbon Program.

3. Potential Effect on Academic Progress: Depending on when and where you're deployed, your military service could interrupt your academic progress. Some people find the transition from military culture to academic life challenging.

Deciding to join the military is a personal decision and entails a lot more than just education benefits. You should give it careful thought and perhaps talk to a career counselor or to those who have enlisted to fully weigh your options.