What Happened in History: Browse Historical Facts on Kudos 365

President Franklin D. Roosevelt Signs the Servicemen's Readjustment Act also known as the G.I. Bill.Within the following seven years, approximately eight million veterans received educational benefits. Under the act, approximately 2,300,000 attended colleges and universities, 3,500,000 received school training, and 3,400,000 received on-the-job training. The number of degrees awarded by U.S. colleges and universities more than doubled between 1940 and 1950, and the percentage of Americans with bachelor degrees, or advanced degrees, rose from 4.6 percent in 1945 to 25 percent a half-century later. More