Let’s Give Black World War II Vets What We Promised ...Middle East

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Let’s Give Black World War II Vets What We Promised
In 1944 President Franklin Roosevelt signed into law the Servicemen’s Readjustment Act, popularly known as the G.I. Bill. The G.I. Bill doubled the number of bachelor’s degrees in 1950 compared to 1940 (i.e., before the United States entered the war) and allowed veterans to buy houses with low interest rates and no money down, expanding homeownership from 44 percent of households in 1940 to 55 percent in 1950. The bill prevented a return to the Great Depression, lifted millions of American families into the middle class, and paved the way for Baby Boomers to become the richest generation in American history, with an average household net worth of $1.64 million. If you are white, grew up in t

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