This Day in History

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.