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Reply to "Can someone explain the wealthy military officer phenomenon?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It’s not that they’re so wealthy. They’re more along the lines of lower end of UMC. They avoided a lot of debt due to military benefits. They’re not flying business class and sending kids to private school. [/quote] Yes they are. There are military schools that give scholarships to military children. Then they also get college free.[/quote] Where are all these military children getting free college? IF the parent has GI Bill benefits available and IF they transfer these to their child, they could have the benefit. But that assumes a few things. One, that they did not use the benefit themselves first. Two, that they want to incur the additional 6 year service obligation the transfer requires. Lastly, the benefit is capped and would really only cover a 4 year school for one child. If military kids are widely getting college for free in other ways, please enlighten me. I’d love to know for the future! [/quote] IMO, it's short-sighted to use your the GI Bill for yourself when TA is available. We don't know anyone with < 18 year old children who's done it.[/quote] I mean sure. I generally agree with you. But not everyone has kids by year 14 where you wouldn’t be incurring another x years past your 20. TA is capped per fiscal year and with deployments and such it’s not always super simple to be going to school and working at the same time. We’re kind of grappling with all this now and figuring out the best way to approach it. There’s a lot that has to line up in order for it to work is my point. [/quote] Fair enough, but in general, even now, most people do have kids by 32 or 36. Hope you can figure out a good solution. [/quote]
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