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GI Bill

   Also found in: Legal, Wikipedia 0.01 sec.

GI Bill (of Rights)

 or Servicemen's Readjustment Act

(1944) U.S. legislation that provided benefits to World War II veterans. Through the Veterans Administration (VA), the bill provided grants for school and college tuition, low-interest mortgage and small-business loans, job training, hiring privileges, and unemployment payments. Amendments to the act provided for full disability coverage and the construction of additional VA hospitals. Later legislation extended the benefits to all who had served in the armed forces.


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It is the foundation upon which the GI Bill of Rights would rise.
When asked why public funds should continue to go toward private schools, Bolick says: "We have a wonderful precedent at the post-secondary level in the GI Bill and Pell Grants.
He attended what was then known as Oregon State College on the GI Bill, earning a degree in electrical engineering.
 
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