June 22, 1944 ~ The G.I. Bill of Rights

Today in 1944, the Servicemen’s Readjustment Act of 1944, commonly known as the G.I. Bill of Rights, was signed into law.

Harry W. Colmery, a former National Commander of the American Legion, is credited with writing the first draft of the G.I. Bill.

jUNE 22,

The bill that President Roosevelt initially proposed had a means test, but Colmery’s American Legion proposal provided full benefits for all veterans, including women and minorities, regardless of their wealth.

An important provision of the G.I. Bill was low interest, zero down payment home loans for servicemen, with more favorable terms for new construction compared to existing housing. This encouraged millions of American families to move out of urban apartments and into suburban homes.

By 1956, roughly 7.8 million veterans had used the G.I. Bill education benefits, some 2.2 million to attend colleges or universities and an additional 5.6 million for some kind of training program

The original G.I. Bill ended in 1956. but subsequent plans and programs are still referred to as G.I. Bill to this day.

 

Advertisements

Tags: , , ,

About BitesnBuzz

Exploring the backroads of the Carolina's videoing stories about exceptional People, Places, Bites, & Buzz. Follow us here and on Facebook, Instagram, Vine, Periscope, and Twitter at @BitesnBuzz

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: