The new economic reality places a higher premium than ever on high-school diplomas and undergraduate degrees. For that reason, Veterans are exploring educational opportunities, and not merely traditional community college or four-year institutions. Increasingly, Veterans are looking for education programs which provide hard, immediately useful skills.
To assist Veterans, the Federal government offers an array of programs for active-duty military and Veterans, including the Post-9/11 GI Bill. States also provide assistance, with Texas offering generous support through plans such as the Hazlewood Act. Despite the many state and Federal education options available, a large number of Veterans still have to rely on private student loans. Given the tough job market, even degrees and trade skills do not translate to liveable salaries the way they once did. This means a large number of Veterans have education-related debts, particularly loans, they simply can’t pay. Continue reading