Tag: GI Bill
The GI Bill is on display in the East Rotunda Gallery of the National Archives Building from June 6 through July 14. Today’s post comes from education and exhibit specialist Michael Hussey.
“With the signing of this bill a well-rounded program of special veterans’ benefits is nearly completed. It gives emphatic notice to the men and women in our armed forces that the American people do not intend to let them down.” President Franklin Roosevelt’s Statement on Signing the Servicemen’s Readjustment Act, June 22, 1944
President Franklin D. Roosevelt signed the Servicemen’s Readjustment Act into law on June 22, 1944, just days after the D-day invasion of Normandy.
Also known as the GI Bill of Rights, it offered World War II veterans grants and loans for college and vocational education, unemployment insurance, and low interest loans for housing. The bill had unanimously passed both chambers of Congress in the spring of 1944.
The act put higher education, job training, and home ownership within the reach of millions of World War II veterans. By 1951, nearly 8 million veterans had received educational and training benefits, and 2.4 million had received $13 billion in Federal loans for homes, farms, and businesses.