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WASHINGTON, D.C., November 10, 2004 - In celebration of Veteran's Day and recognizing those who serve our country, Military MBA recently conducted a poll of military officers concerning what motivated them to stay or retire from active duty, and requested their perspective on current education benefits offered by the armed forces. Preliminary poll results have particular relevance for the military as they shed light on a battle that's been waged for years - turnover of young, high-potential officers.
According to the Military MBA poll:
One in four officers expressed that time, rather than additional money, stood in their way of getting a master's degree. According to one Army Captain interviewed: "If the Army would have let me go to graduate school, I would have stayed. It is more getting the time, than the money." Final results of the Military MBA poll will be released by the end of year, and will be available at www.militarymba.net.
About Military MBA
Military MBA was founded by leading universities to help military officers secure quality MBA degrees, high ROI on education investment and relevant career resources from trusted institutions of higher education. For more information, call 435.649.2190 or visit www.militarymba.net.
Military MBA Poll Suggests Future Officer Retention Will Require
Improved Education Benefits, GI Bill Reform
Improved Education Benefits, GI Bill Reform
WASHINGTON, D.C., November 10, 2004 - In celebration of Veteran's Day and recognizing those who serve our country, Military MBA recently conducted a poll of military officers concerning what motivated them to stay or retire from active duty, and requested their perspective on current education benefits offered by the armed forces. Preliminary poll results have particular relevance for the military as they shed light on a battle that's been waged for years - turnover of young, high-potential officers.
According to the Military MBA poll:
-
Education topped the
list of benefits most likely
to retain military officers.
However, many feel current
tuition assistance programs
such as the G.I. Bill need
to be updated. Approximately
10% surveyed expressed
overall satisfaction of
current
military education benefits.
Widespread recognition
of the need to revise military
education benefits has
prompted many politicians
to call for a new G.I.
Bill for
the 21st Century.
- At the other end of the
spectrum, some 17% surveyed
said they were leaving
the
service, regardless of
incentives offered to keep
them.
- This left nearly 75%
who felt additional time
and resources for education
could
persuade them to stay.
A popular suggestion among
these officers was to provide
leave - from six to twelve months - from active duty for graduate-level studies.
One in four officers expressed that time, rather than additional money, stood in their way of getting a master's degree. According to one Army Captain interviewed: "If the Army would have let me go to graduate school, I would have stayed. It is more getting the time, than the money." Final results of the Military MBA poll will be released by the end of year, and will be available at www.militarymba.net.
About Military MBA
Military MBA was founded by leading universities to help military officers secure quality MBA degrees, high ROI on education investment and relevant career resources from trusted institutions of higher education. For more information, call 435.649.2190 or visit www.militarymba.net.
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