The Servicemen’s Readjustment Act, commonly known as the G.I. Bill, was signed into law by President Franklin D. Roosevelt on June 22, 1944. This landmark legislation was designed to provide a range of benefits for returning World War II veterans, including low-cost mortgages, loans to start a business or farm, and tuition and living expenses for high school, college, or vocational education. The G.I. Bill had a profound impact on the American economy and society, dramatically increasing access to higher education and contributing to the growth of the middle class.