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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][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] The benefit is capped, can be split and gets any kid using it instate tuition https://www.va.gov/resources/in-state-tuition-rates-under-the-veterans-choice-act/[/quote] Okay, so it can be split. How does that change the fact that it is capped and wouldn’t get more than one child though a 4 year school? Sure, if everything lines up and the parent wants to invite the additional service obligation ONE kid could get their degree fully paid. But it’s certainly not as simple as proclaiming that “military children get free college.” That’s not true anywhere near universally. [/quote] You get in state tuition for any kid using any portion of it. If you can't swing in state tuition on an officer's salary, that's your problem [/quote] While they’re using the GI bill. Once they stop, you revert to out of state in some states (like Virginia). Again, the GI bill comes with a lot of caveats. How you went from “military children get free college” to “you get in state tuition for any kid using a portion of the GI bill” (which not every service member has) is some strange line of thinking. In-state tuition doesn’t equal free obviously. [/quote]
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