or Servicemen's Readjustment Act
(1944) U.S. legislation that provided benefits to World War II veterans.
Through the Veterans Administration (VA), the bill provided grants for school and college tuition, low-interest mortgage and small-business loans, job training, hiring privileges, and unemployment payments. Amendments to the act provided for full disability coverage and the construction of additional VA hospitals. Later legislation extended the benefits to all who had served in the armed forces.