Servicemen's Readjustment Act

The Servicemen's Readjustment Act, also known as the GI Bill, was enacted in 1944 to support World War II veterans in their transition to civilian life. It provided benefits such as low-interest home loans, funding for education and vocational training, and unemployment compensation. These measures aimed to help veterans reintegrate into society, promote home ownership, and enhance their skills for the job market. The act significantly contributed to the economic prosperity of the post-war United States by enabling millions of veterans to pursue higher education and homeownership, shaping the middle class in America.