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Factors to Consider With Post Military Education

As you transition out of the military there are many factors to consider, among them, should I jump right into a job that's the civilian equivalent of my military field or should I take the time to further my education so that I can get a better job in the private sector?

When deciding between immediate entrance in the job market and education, there are a number of factors to consider. One of them is time. Do you have enough time to dedicate at least four years following military separation to a degree before you get a job?

Another education factor to consider is money. Do you have enough money to complete your education up to the certification level that you desire? As long as you have served two years during your military service on active duty and contributed $100 a month during your first 12 months of active service, you will qualify for the GI Bill. The GI Bill is currently worth $37,000. However, depending on the college of your choice, that may not be enough to cover the tuition, fees, laboratory costs and textbook requirements for the amount of time required to complete your degree. If you think that you don't have enough money, and want to go to college, you can check FastWeb to help you find scholarships.

Although, when it comes to the civilian job market; a degree can only help you not hurt you. If time and money are issues for you, consider these education factors:

  • The GI Bill can also be used for an online education. Many colleges and universities are now offering complete degree programs online. The majority of these programs are accelerated and allow a student to complete a four year degree in about half of the time.
  • If you prefer to stick to the regular classroom, many military friendly schools offer time-saving programs like credit for service and credit-by-exam. Under the credit for service program, veterans may receive college credit for time spent in the armed forces. Depending on the school and your field of study, students may receive up to two years' worth of college credit for time served. Credit-by-exam allows students to demonstrate college level achievement by allowing them to take an exam in certain subject areas. A passing grade on the exam would equate credit earned for the entire course.
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