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- Title
EDUCATIONAL BENEFITS AND MILITARY SERVICE: AN ANALYSIS OF ENLISTMENT, REENLISTMENT, AND VETERANS' BENEFIT USAGE 1991-2005.
- Authors
SIMON, CURTIS J.; NEGRUSA, SEBASTIAN; WARNER, JOHN T.
- Abstract
Montgomery GI Bill (MGIB) educational benefits are a prime recruiting tool in today's all-volunteer military. This paper studies the effects of changes in education benefits using data of the period 1990-2005. Higher benefits lead to higher separation due to both pure incentive effects and by attracting more college-oriented youth into military service. We deal with potential selection issues by distinguishing between anticipated and unanticipated benefit changes. Higher education benefits are associated with higher separation from the Army and Air Force, but not the other services. A $10,000 increase in MGIB benefits is estimated to increase usage by about 5 percentage points, but the duration of usage is estimated to be insensitive to benefit levels. ( JEL H52, I21, J24)
- Subjects
UNITED States; STUDENT financial aid; LAWS on education of veterans; EDUCATION of veterans; RECRUITING &; enlistment (Armed Forces); UNITED States. Army; UNITED States. Air Force
- Publication
Economic Inquiry, 2010, Vol 48, Issue 4, p1008
- ISSN
0095-2583
- Publication type
Article
- DOI
10.1111/j.1465-7295.2009.00233.x