Veterans Education and Training Program Act of 1981

[AI summary unavailable — showing source text] Veterans' Education and Training Program Act of 1981 - Title I: Educational Assistance for Members of the Armed Forces - Establishes a Peacetime Veterans' Educational Assistance Program for members of the armed forces who enlist or reenlist after the date of enactment of this title and are released from such service by honorable discharge. Entitles eligible members who enlist for two or more years to 18 months of educational assistance at the end of the first 24 months of active duty, one-half month of educational assistance for each month served during a third 12-month period, and one month of assistance upon the completion of two years of service and one month of such assistance for each three additional months of service. Limits educational assistance entitlements to a maximum of 36 months and authorizes educational assistance allowances for veterans and certain members pursuing a program of education under this title. Limits assistance to the date ten years beyond an eligible person's last discharge or release from active duty. Requires the Secretary of Defense to report to the Congress semiannually on the operation of such program. Establishes a Career Members' Dependents Educ…