FDR signs G.I. Bill

June 22, 2022

Servicemen fighting in World War II would forsake college and vocational training, dedicating their time to fighting in the war. As a welcome compensation plan, the G.I Bill of Rights offered relief in form of weekly allowances for unemployed veterans and money for vocational training and education.

New opportunities under the bill also included low-interest home loans, assistance in finding jobs, and improved VA hospitals. These benefits helped to restore their place in society, by raising their standards of living and equipping them with practical skills.

By the time of the bill's expiration in 1956, at least 2.4 million vets had access to affordable home loans while 7.8 million vets had access to education and training benefits.

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