February 5, 2009

Colleges Show Interest in New GI Bill Program, but Many Are Wary of Its Cost

By Megan Eckstein

As college administrators deal with dwindling budgets and rising demand for student aid, they also face decisions about whether, and to what extent, they can afford to commit to participate in a new federal program that seeks to help veterans attend private colleges, graduate schools, or out-of-state public institutions.

Under the program, created through the GI Bill that was signed into law last summer (The

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