Why Veterans With GI Bill Benefits Still Take Out Student Loans

More than half of borrowers used bulk of borrowed money to cover living expenses, survey shows.

January 7, 2022 By: Phillip Oliff, Scott Brees & Richa Bhattarai

Nearly 6 in 10 U.S. military veterans who have taken out student loans cite living expenses, such as housing and child care, as their main reason for borrowing, according to a first-of-its-kind, nationally representative survey of veterans who have taken out student loans. READ MORE