GI Bill

GI Bill - GI's stand for "government issue". The Servicemen's Readjustment Act (1944), popularly known as the "GI Bill of Rights", provided education, job training, medical care, pensions, and mortgage loans for men and women who has served in the armed forces. The program distributed almost $4 billion in benefits to nine million veterans between 1944 ad 1949; in the 1950's the GI Bill assisted veterans of the Korean War. FDR set up the program.