This congressional report contains the testimony, prepared statements, and supplementary materials presented at a hearing convened to review the Montgomery GI Bill and entertain suggestions regarding how to increase the buying power of veterans education benefits. The following are among the agencies and organizations whose representatives provided testimony at the hearing: University of Maryland; American University; Veterans Benefits Administration of the Department of Veterans Affairs; Department of Defense; and Prince George's Community College. Among the topics discussed in the testimony and prepared statements are the following: recent increases in costs of education; the effectiveness of GI Bill benefits as a recruiting tool; possible ways of leveraging current GI Bill benefits; GI Bill provisions for military personnel participating in the Voluntary Separation Incentive and Special Separation Benefit programs; inservice educational program opportunities for military personnel in the process of separating from the military; efforts to advertise available GI Bill benefits; automation and data accuracy; and reserve use of nontraditional education. (MN)