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Laguna Hills, Calif. - Aug. 17, 2007 - The U.S. Census Bureau recently released data indicating that more than half of veteran-owned businesses are home-based operations. The study also revealed that veterans tend to be better educated than their non-veteran peers.

The government reported there are three million veteran business owners in the U.S., with 51.8% of them operating home-based businesses. It was also revealed that veteran business owners, at the time of acquiring the business, were more likely to have a college degree than their civilian counterparts.

With thousands of service members making their military transition to civilian life each year, the census findings will help shed light on their economic impact.

George Achenbach, for one, is not surprised by the findings. He is president and C.E.O. of Allied Schools, which provides online distance learning for military, both active-duty and veterans, along with courses for civilians.

"We're seeing more and more service members taking online military courses that can lead to a home-based business," he said. "Active-duty military members know it's a tough job market. By the time they separate from the service and become veterans, they want to be ready to earn a living."

Achenbach noted that some of his school's military distance learning courses can lead to home-based careers. He gave courses like medical transcription, home inspection, contractor license and principles of small business management as examples.

The education level of veterans is no surprise, considering they can take advantage of military education benefits like the GI Bill and US Military Tuition Assistance. Somewhat less known than the GI Bill, US Military Tuition Assistance (or Federal Tuition Assistance) allows active-duty military members to take with up to 100% of their tuition paid by the government.

Details of the U.S. Census Bureau survey can be seen by visiting the Bureau's website at www.census.gov/csd/sbo/veteran2002.htm

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