mortgages at rock bottom rates guaranteed by the federal government, free premium medical care for life in a place the middle class often have to spend thousands per year on premiums and deductibles, free college tuition, a lifetime of freebies and benefits afforded to veterans in modern America
Of all these benefits you list, only the college tuition is financially meaningful. VA loans are often worse than regular loans (interest rates are typically <0.5% lower, but you also need to pay an additional $10k processing fee). The only "lifetime freebie" I'm aware of is free admittance into national parks... a $35 value once a year when the family goes camping.
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Of all these benefits you list, only the college tuition is financially meaningful. VA loans are often worse than regular loans (interest rates are typically <0.5% lower, but you also need to pay an additional $10k processing fee). The only "lifetime freebie" I'm aware of is free admittance into national parks... a $35 value once a year when the family goes camping.
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