The Servicemen’s Readjustment Act, also known as the GI Bill, was enacted in 1944 to support returning World War II veterans in reintegrating into civilian life. It provided various benefits, including funding for education, low-interest home loans, and unemployment compensation, helping millions of veterans transition successfully. This legislation significantly contributed to the post-war economic boom in the United States by enabling veterans to pursue higher education and home ownership. The act has since been updated to assist veterans of later conflicts, ensuring ongoing support for those who have served in the military.