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jun 22, 1944 - The Serviceman’s Readjustment Act, or G.I. Bill

Description:

The Serviceman’s Readjustment Act, or G.I. Bill, was signed into law by President Franklin Roosevelt. The bill provided a variety of benefits to World War II veterans, including medical care, college tuition, unemployment benefits, and job counseling. Through the bill, veterans also had access to guaranteed loans to buy a home, farm, or business. This contributed to the increase in suburbanization as many more people could afford to buy new houses.

Added to timeline:

Date:

jun 22, 1944
Now
~ 81 years ago