The Evolution of the GI Bill and its Recent Revisions
Created in 1944, the GI Bill (more formally known as the GI Bill of Rights) has been a heated topic of debate and discussion since its inception. Initially, the plan for the GI Bill involved paying veterans a sum of $20 per week; however, this stimulated controversy, as opponents argued that paying veterans decreased their incentive to work and find jobs.
- Education and training
- Loan guaranty for the purchase of homes, farms, or business
- Unemployment compensation / pay