My Photo

My Online Status

Blog powered by TypePad
Member since 10/2005

disclaimer

  • Disclaimer of Endorsement: Reference herein to any specific commercial products, process, or service by trade name, trademark, manufacturer, or otherwise, does not necessarily constitute or imply its endorsement, recommendation, or favoring. Disclaimer of Hyperlinks: The appearance of external hyperlinks does not constitute endorsement by the author of the linked web sites, or the information, products or services contained therein. The author does not exercise any editorial control over the information you may find at these locations. All links are provided with the intent of meeting the mission of the Ask Uncle Bill blog site. Please let me know about existing external links which you believe are inappropriate and about specific additional external links which you believe ought to be included. Disclaimer of Liability: With respect to information, advice or recommendations available from this blog, the author makes no warranty, express or implied, including the warranties of merchantability and fitness for a particular purpose, or assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed, or represents that its use would not infringe privately owned rights. The author is not responsible for the content of any "off-site" web pages referenced from this site.

« Isn't It A Pythia? | Main | MBA's As Leading Indicators of Financial Ruin »

San Francisco Does It Again

San Francisco just took a bunch of scholarship opportunities away from their high school students.  The school board, or somebody, banned JROTC.

JROTC is short for Junior Reserve Officers Training Corps.  It is the high school equivalent of college ROTC.  A kid that does pretty good in JROTC has a really good shot at getting an ROTC scholarship.

Here's what you get with a ROTC scholarship-

Full Tuition

Book Allowance

Approved Campus Housing Paid

Monthly Stipend-starts about $250, goes up to $400 per month.  I'm sure there is more but can't remember all the stuff right now.  But these are the basics my son (and I) got from his ROTC scholarship.

In return, the student does four years minimum in the armed services.  A pretty good deal with the risk of getting killed.  But everything has risks.  And you probably won't get killed but you will defend your country.

The debate over whether ROTC should or should not be on campus is tiresome and been around since I was in college so prefer not to beat a dead horse right now.  Plus the rhetoric is so '60's--big corporations going to war.  Please.

Let's talk economics and financial planning.  Unless you are a star athlete or a off the charts SAT brainiac the chances of a full ride to the college of your choice are pretty slim.  Slim like in zero.  You can patch together a bunch of little scholarships and tons of loans but a full ride paid for--forget it. 

Plus, when you get out you have a job.  A second lieutenant straight out of school makes about $40,000 when you throw in things like housing allowance, food allowance and clothing allowance.  Two years out you are making about $55,000.  Plus free medical and insurance. 

The key to getting this is JROTC.  Do it in high school, do it right and chances are that you will get the scholarship.  My son didn't know about JROTC so didn't get his scholarship till completing his freshman year.  Plus the scholarships are harder to get while in school as opposed to getting it before college starts.  The delay cost me $25,000.

But the folks in San Francisco said the hell with it.  So if you go to public school in San Francisco and want a full ride scholarship, you better be one hell of a football player.

They'll also miss the thrills of being in the military--my son's B-52 blew an engine on take off yesterday, they aborted the flight, punched the drag parachute.  Scared the hell out of me but just another day at the office for him.

 

Comments

Post a comment

If you have a TypeKey or TypePad account, please Sign In

GoogleAdSense

  • Adsense3
  • Adsense2
  • AdSense