- The Servicemen’s Readjustment Act of 1944,commonly known as the GI Bill of Rights was to help civilians into normal life.
- Some people shunned the idea of paying unemployed veterans 20$ a week because that made them loose their incentive to work, while other questioned sending battle hardened veterans to colleges and universities, which was a privilege reserved for the rich.
- Much of the urgency stemmed from a desire to avoid the missteps following World War I, when discharged Veterans got little more than a $60 allowance and a train ticket home.
- During the Great Depression, some Veterans found it difficult to make a living. Congress tried to intervene by passing the World War Adjusted Act of 1924, commonly known as the Bonus Act. The law provided a bonus based on the number of days served. But there was a catch: most Veterans wouldn't see a dime for 20 years.
- The return of millions of Veterans from World War II gave Congress a chance at redemption. But the GI Bill had far greater implications. It was seen as a genuine attempt to thwart a looming social and economic crisis. Some saw inaction as an invitation to another depression.
- Ultimately, Rep. John Gibson of Georgia was rushed in to cast the tie-breaking vote. The Senate approved the final form of the bill on June 12, and the House followed on June 13. President Franklin D. Roosevelt signed it into law on June 22, 1944.
- The Veterans Administration, was responsible for carrying out the law’s key provisions: education and training, loan guaranty for homes, farms or businesses, and unemployment pay.
- Before the war, college and home ownership were, for the most part, unreachable dreams for the average American. Thanks to the GI Bill, millions who would have flooded the job market instead opted for education. In the peak year of 1947, Veterans accounted for 49 percent of college admissions. By the time the original GI Bill ended on July 25, 1956, 7.8 million of 16 million World War II Veterans had participated in an education or training program.
- In 2008, the GI Bill was updated once again. The new law gives Veterans with active duty service on, or after, Sept. 11 2001, enhanced educational benefits that cover more educational expenses, provide a living allowance, money for books and the ability to transfer unused educational benefits to spouses or children.
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President Franklin D. Roosevelt signs the G.I. Bill into law.
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