The G.I. Bill, officially known as the Servicemen's Readjustment Act of 1944, was a law that provided a range of benefits to World War II veterans. These benefits included low-cost mortgages, low-interest loans to start businesses or farms, cash payments of tuition and living expenses to attend college, high school or vocational education, as well as one year of unemployment compensation. The G.I. Bill aimed to help veterans reintegrate into civilian life after their military service and played a key role in the post-war economic boom in the United States.
