The correct answer is false.
It is false that the GI Bill was used as a way to help rebuild railroads after the Cold War.
After World War II, the federal government created legislation to support the veterans of war. The Servicemen Readjustment Act of 1944 or better known as the GI Bill, was passed to help those veterans of World War II. The bill supported former soldiers to get access to health services in new hospitals, to have low-interest mortgages or getting support to continue their education.