This Day in Military History

22 June 1944: President Franklin D. Roosevelt signed the American Legion drafted GI Bill. The bill gave returning WWII service members low-interest home and business loans and college tuition. Giving veterans tuition assistance (plus living expenses, books, supplies, and equipment) transformed America. Before the war, only 10 to 15 percent of young Americans went to college; by 1947, veterans made up half of the nation’s college enrollment, and by 1950, nearly 500,000 Americans had earned diplomas, compared with 160,000 in 1939.

Brandus, Paul. This Day in U.S. Military History (p. 154). Bernan Press. Kindle Edition.