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Changes To Vet Benefits Could Mean Deep Debt

Recent changes to the GI Bill could force some veterans to wait a full year before starting school or risk taking on thousands of dollars in education debt.

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Jeremy Holdbrooks is a marine.  He served two tours in Iraq and is finally back home in the Upstate with his family.  He's ready for the next phase of life.  He wants to own his own business.  The first step, a degree in business management at Greenville Tech.

"You know it's something I did when I was in the Marine Corps. I'm good at it. I'm good with math. It's just a future I see myself doing," he said.

Once he enrolls, Jeremy won't spend a dime.  The GI Bill will pay his tuition, provide housing assistance, and buy his books.  It's meant to help veterans resume civillian life after their servie.

 "They cover everything. They pay for you to live in your house while you're going to school, they pay for your books, and it's deposited to your account once a month and I don't have to worry about it," said Holdbrooks.

But the GI Bill has changed in the last college semester.  The bill that used to pay for everything now has some tight restrictions that could leave some would-be students with some tough decisions.

Starting this past August, the program will only pay the amount of an in-state tution.  That means that if Jeremy, who is a resident South Carolina, had decided to take classes while in North Carolina, the bill would have left him with thousands of dollars in unpaid tuition.

For some veterans, who are stationed around the country and the world, it can be tough to maintain residency in a state.  Several lawmakers are considering bills in congress that would allow the GI Bill to pay out-of-state tuition.

Jeremy isn't worried.  He'll enroll at Greenville Tech.  

 

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