G.I. Bill: Difference between revisions
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The '''Servicemen's Readjustment Act of 1944''' ''(commonly known as '''"the GI Bill"''')'' was an act of the [[ | The '''Servicemen's Readjustment Act of 1944''' ''(commonly known as '''"the GI Bill"''')'' was an act of the [[U.S. Congress]] to provide benefits to [[American people|Americans]] returning to civilian life after military service.<ref name=nytimes1994-06-22/> | ||
Benefits included helping to pay for returning veterans to finish their schooling, or enroll in new studies at colleges and universities, and helped veterans to acquire home mortgages.<ref name=nytimes1994-06-22/> | Benefits included helping to pay for returning veterans to finish their schooling, or enroll in new studies at colleges and universities, and helped veterans to acquire home mortgages.<ref name=nytimes1994-06-22/> | ||
Revision as of 20:45, 12 October 2023
The Servicemen's Readjustment Act of 1944 (commonly known as "the GI Bill") was an act of the U.S. Congress to provide benefits to Americans returning to civilian life after military service.[1]
Benefits included helping to pay for returning veterans to finish their schooling, or enroll in new studies at colleges and universities, and helped veterans to acquire home mortgages.[1]
In an article reviewing the impact of the Bill, fifty years after its passage, the New York Times wrote:[1]
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However, even though the bill had undergone multiple updates, benefits had been eroded by inflation.[1] Young veterans, returning to civilian life after service in World War 2, were generally able to live on their GI Bill benefits, while they studied, but, by 1994, those benefits were only a modest contributions to a returning veterans education costs.
References
- ↑ 1.0 1.1 1.2 1.3 1.4 William Celis 3d. 50 Years Later, the Value of the G.I. Bill Is Questioned, New York Times, 1994-06-22, p. B7. Retrieved on 2023-10-12.