President Barack Obama

President Barack Obama

PRESIDENT BARACK OBAMA: You know, there are few things as fundamental to the American dream or as essential for America’s success as a good education. This has never been more true than it is today. At a time when our children are competing with kids in China and India, the best job qualification you can have is a college degree or advanced training. If you do have that kind of education, then you’re well prepared for the future because half of the fastest-growing jobs in America require a bachelor’s degree or more. And if you don’t have a college degree, you’re more than twice as likely to be unemployed as somebody who does. So the stakes could not be higher for young people.

Air Force Students

Air Force Students

The Yellow Ribbon GI Education Enhancement Program, or the “Yellow Ribbon Program,” is a provision of the Post 9/11 Veterans Educational Assistance Act of 2008 meant to assist with tuition costs that exceed the in-state college tuition normally provided. This provision allows colleges to enter an agreement with the Department of Veterans Affairs to help fund any cost that exceeds the highest public in-state undergraduate tuition rate. This is especially important for private colleges that might be charging more per semester than a student’s local college campus. Colleges may contribute up to fifty percent of the additional expenses that exceed the Post 9/11 GI Bill’s benefits and the VA will match the same amount, dollar-for-dollar.