Use your GI Bill benefits to start a business? Lawmakers push pilot programMilitary Times
Washington, DC,
July 16, 2021
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Leo Shane III
A bipartisan group of House lawmakers are again pushing to allow some recently separated service members to use their GI Bill benefits to start a new business instead of attending college classes. The proposal, which has failed to gain legislative traction in recent years, would establish a three-year pilot program for up to 250 veterans to pursue "educational entrepreneurial training" and receive their education payouts in the form of start-up capital instead of the traditional tuition payments. "Higher education is essential for many [veterans], but some have a different calling," said Rep Ben Cline, R-Va. and a sponsor of the measure. "Veterans are seeking more options and want the choice to use their GI Bill benefit to start their own business. |