President Roosevelt signs the Servicemen's Readjustment Act, establishing the GI Bill

President Franklin D. Roosevelt signs Public Law 78-346, the Servicemen's Readjustment Act (GI Bill), just days after D-Day. The legislation provides federal aid for college education, vocational training, unemployment benefits, and housing loans for returning World War II veterans. The American Legion designed the main provisions. The act guarantees 4 years of tuition, books, supplies, and subsistence allowances to eligible veterans. By 1950, approximately 2.3 million veterans attend colleges and universities, 3.5 million receive school training, and 3.4 million participate in on-the-job training.