Servicemen’s Readjustment Act of 1944
E558587
The Servicemen’s Readjustment Act of 1944, commonly known as the GI Bill, was landmark U.S. legislation that provided World War II veterans with benefits such as education funding, low-cost mortgages, and unemployment compensation, profoundly reshaping American society and the postwar economy.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal law
ⓘ
veterans benefits legislation ⓘ |
| administeredBy | Veterans Administration NERFINISHED ⓘ |
| appliesTo |
World War II veterans
NERFINISHED
ⓘ
honorably discharged veterans of World War II ⓘ |
| containsProvision |
federal guarantees for a portion of home, farm, and business loans
ⓘ
monthly subsistence allowance for veteran students ⓘ payment of tuition directly to educational institutions ⓘ up to 52 weeks of unemployment benefits for eligible veterans ⓘ |
| context | postwar demobilization of U.S. armed forces ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| dateSigned | 1944-06-22 ⓘ |
| enactedBy | 78th United States Congress NERFINISHED ⓘ |
| hasAlias |
GI Bill
NERFINISHED
ⓘ
GI Bill of Rights NERFINISHED ⓘ |
| hasEffectOn |
U.S. higher education system
ⓘ
U.S. housing market ⓘ |
| historicalImpact |
contributed to growth of the American middle class
ⓘ
encouraged suburbanization through homeownership ⓘ expanded access to higher education in the United States ⓘ increased college and university enrollments ⓘ stimulated post–World War II economic growth ⓘ |
| influencedBy |
concerns about postwar unemployment
ⓘ
desire to avoid economic depression after World War II ⓘ |
| inForceDuring |
1950s
ⓘ
late 1940s ⓘ |
| inspired | later GI Bill programs ⓘ |
| legalDomain |
education law
ⓘ
housing and finance law ⓘ social welfare law ⓘ |
| legislativeType | readjustment and rehabilitation law ⓘ |
| primaryPurpose | to assist World War II veterans in readjusting to civilian life ⓘ |
| providesBenefit |
business loans for veterans
ⓘ
job counseling and employment services for veterans ⓘ low-cost farm loans for veterans ⓘ low-cost home loans for veterans ⓘ tuition and education funding for veterans ⓘ unemployment compensation for veterans ⓘ |
| publicLawNumber | Public Law 78-346 NERFINISHED ⓘ |
| sectionIncludes |
education and training provisions
ⓘ
loan guaranty provisions ⓘ unemployment pay provisions ⓘ |
| shortTitle | GI Bill NERFINISHED ⓘ |
| signedBy |
President Franklin D. Roosevelt
ⓘ
surface form:
Franklin D. Roosevelt
|
| sponsoredBy | United States House Committee on World War Veterans' Legislation NERFINISHED ⓘ |
| targetGroup | returning servicemen ⓘ |
| timePeriod | World War II aftermath ⓘ |
| tookEffectOn | 1944-06-22 ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.