I spent my university years serving in the Reserves, although this was during peace time and I was never deployed overseas.
I certainly got great value from the experience -- I received excellent training, some extra money from my "one night a week, one weekend a month" work, and unlike many of my fellow students, I had a guaranteed summer job. Most importantly, after I graduated, it made a great bullet point on my resumé to say that I served in the Forces and gained lots of valuable skills that are highly applicable in the business world (leadership, teamwork, time management, etc.).
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