Since I'm brand new to both Military and nursing my pay before the raise would be about 29,~~~.00 a year with the proposed raise my base salary goes to 30,516. My monthly BAS, (basic allowance subsistence) will be about 150.+ a month and my BAH, (basic allowance for housing) is just under 1,000.
My spanking new starting out total will be about 40K. Yet, within a few years it really ought to make a difference. It is a bonus that our BAS and BAH are not taxable as income, (right?)
Gen-more than half my monthly salary to start will go to my student loans, oh joy.
(tongue in cheek though because it was all worth it).
p.s. I think I am probably the only one in my MS cohort that will be starting out at less than 30K a year though, (yet, calculating the BAS and BAH helps a bit).