A bill to amend title 38 of the United States Code to set a termination date for veterans' educational benefits under chapter 34 and 36 of such title, to extend the maximum educational benefits to 45 months under chapter 34 of such title, and for other purposes.

Sets a termination date for veterans' educational benefits. Allows 1 1/2 months of educational assistance for each month of active duty service between January 31, 1955, and September 1, 1975.

Extends the maximum educational benefits to 45 months. (Amends 38 U.S.C. 1652,1661,1818).