June 22, 1944 Categories: General, National Timelines: General

President Franklin D. Roosevelt signs into law the original GI Bill, or Servicemen’s Readjustment Act, ushering in monumental changes in U.S. society. Higher education becomes democratized after 8 million veterans go to school on the GI Bill, get better jobs, buy houses in the suburbs and raise families. For every dollar spent on educating veterans, the U.S. economy eventually gets $7 back.

G.I. Bill of Rights