The reference Post-9/11 GI invoice contained a massive expansion of benefits for students' veterans, which will increase the maximum financial assistance benefit of $ 1,321 per month at $ 60,000 per semester for some veterans. But generous subsidies do not pay for students' veterans who probably would not have attended the university without financial incentives, according to a new working document published by the National Office of Economic Research.

"While college is a good investment for most people, there is a lot of heterogeneity in labor market yields," said Andrew Barr, author of the work document and an associate professor of Economy at Texas A & M. University "We can not simply think of the university as beneficial for all and stop the questioning there."

under previous iterations of the Law of Readjustment of the GI: The original Law of 1944 of 1944 and the GI Invoice of Montgomery GI of 1984 Student veterans receive flat payments to cover enrollment, books and the expenses of life. The post-9/11 GI invoice, which was approved in 2008, reviewed the payment model so that veterans receive enrollment benefits based on the highest enrollment price in the state. They also receive a basic housing allocation that is determined by the prices of housing within the zip code for the institution they attend.

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    this New model means that some veterans of students receive greater benefits than others, the document showed. For example, students' veterans could receive $ 48,000 for enrollment and rates attending a university in Colorado or Oregon, but receive only $ 5,000 or $ 6,000 to attend a university in Wyoming or Arkansas.

    The title of the work document - "You can not handle the truth: the effects of the bill after 9/11 in higher education and profits": Quote an iconic scene of the movie of 1992 to some good men and recognizes that many people could be disappointed by their results.

    "The results are probably not what people had expected or expected," said Barr.

    The authors found that the beneficiaries of the bill after 9/11 GI saw lower salaries for seven for nine years after they left the army compared to their partners who are not university students. The bill reduced profits at an average of $ 1,400 on average by veteran in that time frame of seven to nine years. Veterans are unlikely to recover those lost income during their careers, the document said.

    This is in dialing contrast with earlier versions of the GI invoice, under which eligible veterans viewed two to three years of lowest profits before less. Being over her colleagues who are not university, the paper said. googleg.cmd.push (function () googleg.display ("dfp-ad-article_in_article");); Do you want to announce? Click here

    Authors of the work document speculated about two potential reasons for the differences in the profits between the eligible veterans of Bill Post-9/11 GI and its counterparts. The first is that the new generous benefits may have tilted the scales for the veterans who were on the fence over the university.

    "They have moved the program of a relatively generous program to an extraordinarily generous program," Barr said. "We could think of the types of people who were induced in college because of the expansion of benefits as the kind of people who may not be so enthusiastic about going to the university originally."

    Veterans may also be eligible, they did not select institutions with the adequate investment yields, the document said.

    "has this group of people who are induced in college for these very generous benefits." They do not have much guidance or support on how to take their options, "Barr said." And it seems like a good fraction of Th.

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