Debating on whether or not to use my GI Bill for my kids or use it for grad school. I have another 8 years on my commitment which means that I need to transfer my GI Bill to my kids 4 years from now. At this point in time I'm not married nor do I have kids (26 years old). I am starting grad school in a few weeks (~2990 between tuition and fees). I do not plan on serving out my last 9-10 years in the military so I have a short period of time to transfer my benefits once I do have kids.
As of right now using the average rate increase of public tuition I'm better off saving it for kids. However, there are a lot of what-ifs with saving the GI Bill (e.g. what if I don't have kids in the next 4 years, what if the gov't doesn't cover full public tuition, what if the GI Bill doesn't exist, etc.).
Which is pushing me towards just using half my GI Bill on myself. It'll leave me with 18 months leftover that I can transfer for my kids. People that have been in this position, what have you done?
As of right now using the average rate increase of public tuition I'm better off saving it for kids. However, there are a lot of what-ifs with saving the GI Bill (e.g. what if I don't have kids in the next 4 years, what if the gov't doesn't cover full public tuition, what if the GI Bill doesn't exist, etc.).
Which is pushing me towards just using half my GI Bill on myself. It'll leave me with 18 months leftover that I can transfer for my kids. People that have been in this position, what have you done?
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