Twelve years ago, the U.S. launched the most elaborate experiment in veteran legislation in all history. Instead of bonuses, it offered its veterans an education. Last week that experiment passed a milestone, and an era ended as the G.I. bill ran out for the men and women veterans of World War II. Assessing those twelve years, and counting the cost ($14.5 billion), educators agreed that the experiment had paid off beyond all expectations.
When President Roosevelt signed the bill in 1944, neither Government nor education officials knew quite what to expect. Some thought that only about 500,000 veterans would take advantage of...