The G.I. Bill was a law that provided a range of benefits for returning World War II veterans that were on active duty during the war and weren't dishonorably discharged. The goal was to provide rewards for all World War II veterans. The act avoided life insurance policy payouts because of political distress caused after the end of World War I. But the Benefits that were included were: Dedicated payments of tuition and living expenses to attend high school, college or vocational/technical school, low-cost mortgages, low-interest loans to start a business, as well as one year of unemployment compensation. By the mid-1950s, around 7.8 million veterans used the G.I. Bill education benefits.
1945 · Peace in a Post War World
The Yalta Conference was held in Crimea to talk about establishing peace and postwar reorganization in post-World War II Europe. The heads of government that were attending were from the United States, the United Kingdom and the Soviet Union. Later the Conference would become a subject of controversy at the start of the Cold War.
Squaw Valley, California, United States hosts Winter Olympic Games.