GI Bill Treasure Chest

When the GI Bill was reauthorized in 2008, the idea was to ensure a middle-class lifestyle for troops coming home from Iraq and Afghanistan. But unlike the veterans of WWII, who spent their GI Bill money on universities like Harvard, Yale and UC Berkeley, the new wave of veterans are largely attending for-profit colleges. And according to a new investigation by the Center for Investigative Reporting, the University of Phoenix is raking in money from the GI Bill, but not leaving vets with much of an education.