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GI Bill Celebrates 70th Birthday

The Department of Veterans Affairs (VA) is celebrating 70 years of investment in the education and economic prosperity of America's Servicemembers and Veterans. The Servicemen's Readjustment Act of 1944, better known as the "GI Bill" was enacted on June 22, 1944. The law provided a wide range of benefits for veterans returning from World War II, including low-cost home loans, education and vocational training. The original GI Bill was heralded as a success and major contributor to America's stock of human capital that sped long-term economic growth across the Nation. Today, a new group of veterans is accessing the Post-9/11 GI Bill and other education benefits, following in their footsteps.

Roughly 8 million out of 16 million World War II veterans used their GI Bill education benefit. Subsequent legislation expanded and extended similar "GI Bill" benefits to generations that followed, including Veterans of the Korean, Vietnam and Gulf Wars as well as those serving during peacetime. Passage of the Post-9/11 GI Bill provided this important benefit to our newest generation of veterans, including activated members of the National Guard and Reserve components.

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