GI Bill's buying power shrinks
The GI Bill covered all of Carl Edgerly's college expenses in the mid-1970s. His son, however, expects that even with the maximum $1,075 in monthly GI Bill benefits, he will be saddled with $50,000 in student loans when he graduates from George Mason University.
"The total amount of the GI Bill comes nowhere close to what I actually need for college," said Marc Edgerly, 26, who is in his second year at the suburban Washington school. "After five years of college, it is not going to work."
comments powered by Disqus