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While the deal is a priority for the Air Force, critics term the program a "Boeing bailout".
If started in the summer term, the program can be completed in three intensive terms (one calendar year) on a full-time or near full-time basis.
But in the long term, the program saved thousands in emergency care and incarceration costs.
In the near term, the program is in excellent shape; the trustees say it will be able to pay 100percentt of promised benefits for more than three decades.
After taking time to listen to the pros and cons, though, I came to a simple conclusion: even if it stops paying for itself in the short term, the program has more significant value on a broader scale.
Similar(55)
Although couched in moral terms, the program of the reformers served eminently practical ends.
In practical terms, the program is of little importance; it's not even clear such programs succeed in the context of broad government enterprises.
In legal terms, the program is funded not just by today's payroll taxes, but by accumulated past surpluses — the trust fund.
To put it in business terms, the program generated nearly a 50% margin.
In proportionate terms, the program achieves an estimated 7.4% reduction in treatment costs for complications.
The term of the program also remains three years.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com