Military Report – Plan to Freeze GI Bill Stipends Dropped

The whole thing should be scrapped and re-thought. 

The House Veterans’ Affairs Committee’s plan to freeze Post-9/11 GI Bill housing stipend rates for two years has been dropped from the Restoring GI Bill Fairness Act of 2011 (HR 1383). The proposed housing rate freeze was seen as a means of covering the $50 million cost of HR 1383, a law that would correct one of the many unintended consequences of the Post-9/11 Veterans Education Assistance Improvements Act of 2010, the law commonly known as GI Bill 2.0 (the fix to the Post-9/11 GI Bill). Most of the provisions of GI Bill 2.0 are set to go into effect this fall. The specific issue HR 1383 will address is the impact on student veterans in seven states who will face increased out-of-pocket tuition expenses due to the $17,500 a year private school tuition and fees cap. Rep. Jeff Miller (R-FL), the bill’s author, has offered a change to the bill that would adjust VA Home Loan origination fees for veterans who use the home loan program more than once.

Military Report – Plan to Freeze GI Bill Stipends Dropped

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s