Policy Impact Analysis - 117/S/4319

Bill Overview

Title: Informing VETS Act of 2022

Description: of 2022 This bill requires the Department of Veterans Affairs to regularly promote the Veteran Readiness and Employment program by (1) sending a letter to each veteran entitled to the program that explains the educational benefits of the program, and (2) providing in each letter and online a side-by-side comparison of benefits between the program and Post-9/11 GI Bill educational assistance.

Sponsors: Sen. Cassidy, Bill [R-LA]

Target Audience

Population: Veterans eligible for education benefits from the VA

Estimated Size: 19000000

Reasoning

Simulated Interviews

student (San Diego, CA)

Age: 30 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 10/20

Statement of Opinion:

  • I knew about the GI Bill but didn't understand the differences with other programs.
  • Getting more detailed information could help me plan better.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 6
Year 5 8 7
Year 10 9 7
Year 20 9 8

registered nurse (Austin, TX)

Age: 45 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 12/20

Statement of Opinion:

  • I've always been aware of my benefits.
  • Additional information might be more helpful for those just starting out.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

software developer (Seattle, WA)

Age: 38 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 8/20

Statement of Opinion:

  • I'm interested in resources that could help my tech career.
  • A side-by-side comparison would clarify if returning to school makes sense financially.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 6
Year 3 7 6
Year 5 8 7
Year 10 8 7
Year 20 8 7

small business owner (Denver, CO)

Age: 52 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 0.0 years

Commonness: 15/20

Statement of Opinion:

  • I'm settled in my career and don't need additional education.
  • The policy seems more relevant to recent veterans.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 8 8
Year 5 8 8
Year 10 8 8
Year 20 8 8

unemployed (Jacksonville, FL)

Age: 28 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 10.0 years

Commonness: 5/20

Statement of Opinion:

  • Learning about more benefits could really make a difference in my job prospects.
  • I wasn't aware of anything other than the GI Bill.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 8 6
Year 5 8 6
Year 10 9 7
Year 20 9 7

retired (New York, NY)

Age: 64 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 18/20

Statement of Opinion:

  • I don't see this impacting me as I'm not looking to go back to school.
  • The policy might be good for those starting a new career after service.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

entry-level job (Fayetteville, NC)

Age: 22 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 8.0 years

Commonness: 9/20

Statement of Opinion:

  • It's confusing to decide which benefits are best for me starting school.
  • Receiving clear information would help me make a better decision.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 8 7
Year 5 8 7
Year 10 9 8
Year 20 9 8

public sector worker (Boston, MA)

Age: 35 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 7/20

Statement of Opinion:

  • I've been leveraging the GI Bill, but more options would be helpful.
  • The comparison might show better alternatives to what I'm using now.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 9 8
Year 20 9 8

construction manager (Houston, TX)

Age: 50 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 16/20

Statement of Opinion:

  • I'm satisfied with my career path and don't need further education.
  • This seems beneficial for newer veterans.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

graphic designer (Los Angeles, CA)

Age: 26 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 6/20

Statement of Opinion:

  • I need clearer guidance to choose the right educational path.
  • More exposure to different programs would help me decide wisely.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 9 8
Year 20 9 8

Cost Estimates

Year 1: $4000000 (Low: $3000000, High: $5000000)

Year 2: $4000000 (Low: $3000000, High: $5000000)

Year 3: $4000000 (Low: $3000000, High: $5000000)

Year 5: $4000000 (Low: $3000000, High: $5000000)

Year 10: $4000000 (Low: $3000000, High: $5000000)

Year 100: $4000000 (Low: $3000000, High: $5000000)

Key Considerations