The GI Bill Explained in 4 Minutes: US History Review

President Roosevelt signs the G.I. Bill into law on June 22, 1944. The Servicemen's Readjustment Act of 1944 (P.L. 78-346, 58 Stat. 284m), known informally as the G.I. Bill, was a law that provided a range of benefits for returning World War II veterans (commonly referred to as G.I.s). Benefits included low-cost mortgages, low-interest loans to start a business, cash payments of tuition and living expenses to attend university, high school or vocational education, as well as one year of unemployment compensation. It was available to veterans who had been on active duty during the war years for at least one-hundred twenty days and had not been dishonorably discharged; combat was not required. By 1956, roughly 2.2 million veterans had used the G.I. Bill education benefits in order to attend colleges or universities, and an additional 5.6 million used these benefits for some kind of training program. https://en.wikipedia.org/wiki/G.I._Bill