Today, U.S. Senators Mike Braun, Marco Rubio, and Thom Tillis introduced the Continue VET-TEC Authorization Act of 2023 to extend and expand the VET-TEC, Veteran Employment Through Technology Education Courses, program which provides an alternative educational opportunity for veterans interested in pursuing a career in technology. The current program is set to expire at the end of this year.
“Supporting our veterans when they come home is one of my top priorities in Washington, and VET-TEC is a proven program that helps prepare them for high-paying, fulfilling careers in technology. It’s important that we save this successful program so veterans have options and opportunities to prosper as they transition back to civilian life.”—Sen. Braun
“The tech industry is one of the most in-demand sectors of the American economy. The VET-TEC program provides veterans with the skills they need to succeed in this field, helps our veterans find good-paying jobs and, in return, contribute to the economy. I’m proud to join Senator Braun in introducing the Continue VET-TEC Authorization Act of 2023 to ensure that the VET-TEC program can continue providing our veterans with the technical skills to succeed in the 21st century job market.” – Sen. Rubio
“The VET-TEC pilot program has a proven track record of opening the door for thousands of veterans to start careers in the technology field. We must be doing everything we can to provide good job opportunities for our nation’s veterans, and I’m honored to co-sponsor this legislation to reauthorize VET-TEC.” – Sen. Tillis
Since 2017, more than 12,000 veterans have taken part in the VET-TEC program. As of February 2023, the program has an 84% graduation rate, a 64% employment rate, and an average salary of $65,061. VET-TEC graduates often end up being employed by software, defense, and tech companies with potential for high job growth.
The Continue VET-TEC Authorization Act of 2023 would:
- Reauthorize the VET-TEC program for five years (2023-2028)
- Expand annual enrollment for the program to from 2,000 to 6,000 to accommodate more students
- Enable institutions of higher education to participate in the program under the same guidelines as current VET-TEC providers
- Ensure costs of bill are fully offset