Show three million veterans may still get loans more than three million additional dit ional world war 11 II and post korea veterans are likely to get GI loans before their respective deadlines veterans administration fore forecast foreast ast that estimate is contained in a decennial report a 40 page pamphlet entitled GI loans the first ten years released by VA on the accomplishments impact and future of the GI loan program and available at all lV VA A regional offices the decennial report records the legislative and administrative history of a bold venture in veterans benefits that already has enabled more than yi million veterans to borrow more than 23 5 million for homes farms and businesses in the the foreword to the report harvey V higley administrator of veterans affairs commends the tho foresight of the sponsors of the legislation which originated the GI loan program he lie praised the response of private industry to what has become the greatest government sponsored credit venture of its kind and pays tribute to the efforts of VA employees who have been engaged in its administration mr ahsley said that most of all recognition must be given to the real realization bation the acceptance and the unmatched performance of their responsibilities by the veteran benc of the programs the decennial report describes in detail the progress of the GI loan program from its beginning it tells of VAs key role in providing viding better housing for veterans erans the report also reviews the relatively small cost of the GI loan program to the taxpayers of the nation and reveals that administrative expenses have ben about 43 cents for every hundred dollars borrowed by veterans VA estimates that at least a million more loans would bb b made to world war 11 II veterans and at least two million to vet erans with service since june 27 1950 the beginning of ahr korean conflict most world war 11 II vete veterans rafts have until J july 25 to obtain GI loans while hl ue post ost korea veterans have until ten years yem after the end of the present emergency GI loans according to the re port account for nearly 23 25 percent of the nati nations orts total mortgage goa the e debt substantial influence of the VA home loan program on the economy of the nation Is borne out in the report by the tact fact that veterans have invested nearly 17 billion mon in new homes holnes with the assistance of GI loans this mas sum in turn the report states can be translated into raf te amounts paid to building trades def craftsmen to sellers an and producers tickers of all ih ineat gr edlest building ding materials and thence em into the me cco economic stream as ft 1 I f if mighty are dumb 1 i samu samuel dan danel I 1 it I 1 |