Servicemen's Readjustment Act
- Legislation created to support veterans' transition back into civilian life and strengthen the postwar economy by offering them various benefits. These benefits, managed by the Veterans Administration (VA), included affordable mortgage and small business loans, opportunities for job training and employment, and incentives for continuing education in school or college. Later additions to the Act expanded coverage for disabilities and the construction of additional VA hospitals. The Act had a significant impact on the housing industry and higher education, leading to the creation of a substantial number of new homes, jobs, and college graduates
- The Servicemen's Readjustment Act provided a pathway for veterans to acquire affordable housing and further their education.
- Under the Servicemen's Readjustment Act, veterans were able to access job training and small business loans to support their reintegration into civilian life.
- The construction of more VA hospitals and increased disability coverage were among the benefits expanded under amendments to the Servicemen's Readjustment Act.