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In terms of providing true opportunity and creating a level playing field among Americans of all walks of life, the original World War II GI Bill was perhaps the most important piece of legislation in our history. Designed to help veterans readjust to civilian life, this landmark legislation helped 7.8 million World War II veterans pursue a college education. The program cost about $14.5 billion (in 1940s dollars), and for every dollar invested, the government estimates that seven dollars were generated.
From political figures to Nobel Prize winners, the effectiveness of the GI Bill has been demonstrated by the broad success of those who benefited from it. As former Senator Bob Dole, himself a recipient of that GI Bill’s benefits, mentioned recently during a hearing before the Senate Committee on Veterans Affairs, “It made a big difference. I think it’s the single most important piece of legislation when it comes to education. It changed America more than anything I can think of.”
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