On June 22, 1944, U.S. President Franklin D. Roosevelt signs the G.I. Bill, an unprecedented act of legislation designed to compensate returning members of the armed services—known as G.I.s—for their efforts in World War II.

As the last of its sweeping New Deal reforms, Roosevelt’s administration created the G.I. Bill (officially the Servicemen’s Readjustment Act of 1944) hoping to avoid a relapse into the Great Depression after the war ended. FDR particularly wanted to prevent a repeat of the Bonus March of 1932, when 20,000 unemployed veterans and their families flocked in protest to Washington. The American Legion, a veteran’s organization, successfully fought for many of the provisions included in the bill, which gave returning servicemen access to unemployment compensation, low-interest home and business loans, and—most importantly—funding for education.

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