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Is joining the military to pay for college a good idea?

I'm looking for ways to fund my college education, and I've come across pretty some compelling offers from the military. They seem to provide a lot of financial support, but I also understand joining the military is a huge commitment. So, is joining the military to pay for college a good choice or should I be considering other funding options?

a year ago

Joining the military as a way to fund your college education is definitely an option to consider, but, as you mentioned, it is a significant commitment with both benefits and challenges.

One of the perks of joining the military is the substantial financial aid they offer. For example, through the Post-9/11 GI Bill, you could potentially receive full tuition and fees paid directly to the school for all public school in-state students.

If you are attending a private or foreign school, the GI Bill will cover up to $27,120.05 per academic year (as of the 2023-2024 academic year). In addition, there are housing and book stipends available.

Another financial benefit is the Military Tuition Assistance program, which covers tuition and fees up to a certain amount per credit hour, a total amount per year, or cap on the total amount. So, the financial assistance aspect might indeed be a good way to avoid student loan debt.

However, make sure you consider the non-financial factors. Military life is not for everyone. The environment is demanding and requires discipline, commitment, and a willingness to potentially be in dangerous situations. Moreover, your time commitment is typically at least four years, but can be longer depending on your specific enlistment agreement.

Also remember that your education might be delayed by the extent of your military service. While there are opportunities for part-time study while serving, the rigors of military life can make this pathway challenging.

I suggest you weigh these factors based on your personal circumstances. Consider your career ambitions, how soon you wish to start your education, your financial needs, and your personal disposition towards military service. It might be helpful to discuss these considerations with a college counselor or a military recruitment officer to gain more insight.

It's also crucial to explore other funding options for college such as scholarships, grants, federal student loans, and work-study programs. Consulting with financial aid advisors at the colleges you wish to attend can help you understand the range of options available to you.

For example, you might want to check out this list of colleges that offer full-ride scholarships on CollegeVine's blog: https://blog.collegevine.com/50-colleges-with-full-ride-scholarships/. If you decide joining the military isn't right for you, one of these options could be a good path towards an affordable college experience.

Good luck with your decision!

a year ago

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