The G.I. Bill (1944), or the Servicemen’s Readjustment Act, was created to give benefits to the huge numbers of World War II veterans, and avoid economic turmoil in the nation. The bill provided them job counseling, compensation for up to one year for veterans looking for work, low-interest loans to buy a home or to start a business, low-cost mortgages, money tuition, and living expenses to continue their education, among others, and it indeed helped the veterans return to civilian life and improve their quality of life.
