Posted on Jul 11, 2019
Is it true that some servicemembers get into student loan debt?
4.64K
43
23
8
8
0
Is it true that some servicemembers get into student loan debt? As a former officer, this initially sounded crazy, but in a way, understandable given how little enlisted people are paid. I originally thought because DOD Tuition Assistance made school tuition free, this wouldn't happen. What would the loans be for? Is it to avoid payday loans? I have created an article that has student loan debt songs from Youtube in a variety of genres, including hip-hop, country, and heavy metal. http://collegemeltdown.blogspot.com/2019/07/music-videos-of-college-meltdown.html
College
University
Loans
Finance
Edited >1 y ago
Posted >1 y ago
Responses: 9
4
4
0
Well your premise that Tuition assistance makes tuition free is incorrect. It covers $250 per semester hour topping out at 4500 a year. I chose not to go through the 2-3 universities that only cost $750 for a 3 credit class, and I took more classes than the 4500 cap a year. And yes, us "enlisted people", also get paid less.
(4)
(0)
(2)
(0)
(1)
(0)
SFC Marc W.
I chose Arizona State University to complete my bachelors. I had my Associates by the time I came back into service in 2009. I chose ASU because they had the degree I wanted online, it was from my home state, and I had already been to the campus. After my first semester I knew I had made the right choice because the professors were incredibly flexible because I was active duty Army and stationed overseas. ASU also has a really good reputation overall. My last year or semester, they started matching my tuition assistance, making the classes extremely cheap for me. I paid about 1500 per 3 credit class, so the 750 per 3 credit matched with their grant, it was almost entirely paid for, I just had books to buy. It also took me 5 years to completed because I started in 2012 as an Infantry team leader, and later squad leaders, so I could only take 1-2 classes at a time to finish almost 70 credits of upper division.
(2)
(0)
CPT Dahn Shaulis
SFC Marc W. - Thanks for the background information. Sounds like you are smart and a hard charger.
(1)
(0)
3
3
0
I kept my classes under the cap while in, but I changed my major after being injured and getting out on a medical discharge as I couldn't pursue the original career I wanted. So I got a bachelors in electronics engineering and the GI Bill didn't cover it all. I now have a hefty student loan debt. Should be paid off about the time I retire.
(3)
(0)
3
3
0
It would depend. If one were in the guard then some states give free tuition to members of their state guard programs, but this still doesn’t cover things like general fees etc.
It’s very easy to amass student loan debt. I swear universities make the cell phone companies look like amateurs when it comes to magical fees to suck more cash out of their customers.
It’s very easy to amass student loan debt. I swear universities make the cell phone companies look like amateurs when it comes to magical fees to suck more cash out of their customers.
(3)
(0)
CPT Dahn Shaulis
It's scary when we have to compare schools to...cell phone companies? But you are so right.
(2)
(0)
Read This Next
Continue with Facebook 
Continue with Google