1. Response to unemployment fears resulting from 15 million returning GIs from WWII.
2. Servicemen’s Readjustment Act of 1944 sent millions of veterans to school.
a. Majority attended technical and vocational schools.
b. Eventually, about $14.5 spent on program.
3. Veteran’s Administration (VA) guaranteed about $16 billion in loans for veterans to buy homes, farms, and small businesses. -- Bill contributed to economic prosperity that emerged in late 1940s B.