Vietnam Era Veterans' Readjustment Assistance Act

Vietnam Era Veterans' Readjustment Assistance Act - Title I: Vocational Rehabilitation and Educational Assistance Rate Adjustments - Increases the base figures for vocational rehabilitation and Educational assistance by eight per cent.

Adjusts three-quarter and half-time rates to provide the same proportion as the amount of training taken. Provides increases for trainees pursuing farm-cooperative apprentice programs or other on the job training. Provides that veterans of the Vietnam era rated 10 percent disabled or greater shall automatically be entitled to vocational rehabilitation benefits.

Title II: Educational Assistance Program Adjustments - Extends the current 8-year delimiting date for veterans to complete their programs of education until educational assistance afforded to eligible veterans shall be used. Excludes in computing the delimiting date for those veterans and civilians held as prisoners of war in the Vietnam theater of operations, the period of time which they were detained plus any period of time which they were hospitalized immediately subsequent to their release.

Provides those recently discharged from military service up to 6 months of educational assistance to pursue refresher training to update knowledge, skills, and technological advances occurring in their fields of employment during their period of active military service.

Provides cost-of-living increases for veterans or eligible persons enrolled in apprenticeship or other on-the-job training.

Title III: Veterans' Education Loan Programs - Establishes a veterans' education loan program.

Prescribes the eligibility requirements, the amount and conditions, and interest rate of such loans. Requires that a fee shall be collected from each veteran obtaining a loan for the purpose of insuring against defaults on such loans.

Title IV: Veterans, Wives, and Widows Employment Assistance and Preference and Veterans' Reemployment Rights - Extends job counseling, training, and placement services for veterans to include among those eligible to receive services, widows of veterans who have died of service-connected causes and wives of totally disabled veterans.

Directs the Administrator of Veterans in consultation with the Secretary of Labor and the Civil Service Commission to establish an affirmative action plan for every Federal department and agency for the preferential employment of disabled veterans and veterans of the Vietnam era.

Extends reemployment rights to those who were employed by State or local governments prior to entering the service.

Title V: Effective Dates - Specifies the effective dates of the various titles of this Act.