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Joining the Military for Tuition Assistance
Everyone who joins the military has their own personal reasons for doing so. Some want to experience the excitement of combat, see the world and/or gain valuable technical and leadership skills. Others see it as a challenge and/or a way to show their patriotism. One big reason why some join the military is to receive tuition assistance for higher education.
Read MorePutting Aside Money Through the Veterans Educational Assistance Program
Similarly to how some private corporations match the dollars that their employees put into their 401Ks, the U.S. government has a program that matches dollars that military personnel elect to have deducted from their military pay toward education. The Veterans Educational Assistance Program (VEAP) allows servicemen and women to save for their college educations with a big return.
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