Scholarship helps cover vets’ college costs

[unhappycamper]

Scholarship helps cover vets’ college costs
The Associated Press
Posted : Saturday Nov 17, 2007 7:20:01 EST

NEW YORK — Some returning veterans are finding that their education benefits aren’t enough to cover the high cost of college.

To help bridge the gap, financier Jerome Kohlberg, a World War II navy veteran, has established a scholarship for veterans of Iraq and Afghanistan.

The honorary board of advisers for the new Fund for Veterans’ Education includes actors Lauren Bacall, Harry Belafonte and Paul Newman; journalist Bill Moyers; author Gore Vidal; former senators Bob Dole and Warren Rudman; and former Rep. Pete McCloskey.

Kohlberg said in a statement that he has committed $4 million. The goal is to provide scholarships to at least one veteran from every state for the 2008 spring and fall semesters.

Kohlberg, a resident of Mount Kisco, N.Y., is a senior founding partner of Kohlberg, Kravis, Roberts & Co., a private equity firm.

He says his own college tuition was paid in full by the GI Bill of 1944.


Article at: http://www.armytimes.com/news/2007/11/ap_vets_educationfund_071116/



uhc comment: My GI Bill benefits paid for a Bachelors and 80% of a Masters in the early 80s.