Jeb Bush
Republican

Jeb Bush's policies onForeign Policy

Allow the GI bill to be used to insure a small business loan

Only 48 percent of working age veterans use their GI Bill benefits, and only 52 percent of those veterans complete their field of study. But veterans are 45 percent more likely to be self-employed than non-veterans, and $1.2 trillion in sales is generated from 2.4 million veteran-owned businesses – which represent nearly 9 percent of all U.S. small businesses.

A way to both reduce underuse and misuse of GI benefits is to allow the GI bill to be used to insure a small business loan. Eligible veterans could borrow against their earned GI bill benefits to start a small business, in lieu of using it for education.

Found an error or want to make a contribution?