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Chapter 09 #21

b) Education and home loans

The G.I. Bill, formally known as the Servicemen’s Readjustment Act of 1944, offered various benefits to returning World War II veterans, including educational opportunities and home loans. This landmark legislation helped millions of veterans attend college, receive vocational training, and purchase homes, fundamentally transforming American society by promoting higher education and homeownership, and fueling the post-war economic boom.