On June 22, 1944, President Franklin D. Roosevelt (above) signed into law the
Servicemen’s Readjustment Act of 1944, commonly known as the G.I. Bill of
Rights to provide broad benefits for veterans of the war. By the time the
original G.I. Bill ended in July 1956, 7.8 million World War II veterans had
participated in an education or training program and 2.4 million veterans
had home loans backed by the Veterans’ Administration (VA).