Wednesday, September 28, 2022

Biden Eliminates Top Incentive in the Military Recruitment Process; Biden's Student-Loan Forgiveness Plan is Getting Rid of the Military's 'top recruiting incentive' of Free Education, 19 GOP Lawmakers Say

AP Photo/Evan Vucci, File
Biden eliminates top incentive in the military recruitment process:
Our military is struggling to recruit, and President Joe Biden just made it worse.
As threats around the world grow, the pool of people willing and able to serve is rapidly deteriorating. The military must get creative and offer benefits that are not found in other careers to attract the necessary talent. This can include both financial benefits, like signing bonuses, and others such as skill development and credentialing.
This year, every branch of the United States military is struggling to meet recruiting goals. The Army will finish this fiscal year short 20,000 soldiers. At the end of July, the Army had only reached 66% of its recruiting goal for the year. The Navy, only 89%. The Air Force is also several thousand recruits behind but may meet its end goal thanks to some creative accounting.
It takes a special person to serve, in more ways than one. You have to not only be willing but also able. Recent surveys suggest that only 23% of the U.S. population is eligible for service, and only 9% of the population has an initial interest in service. Historically, less than 1% of the population ends up serving.
Traditionally, the strongest and most well-known incentives for military service are the educational benefits, specifically the GI Bill and student loan forgiveness programs. If you walk into any recruiter’s office one of the first things they will sell you on is the military’s ability to pay for school. Already have a degree? Not a problem, the military will pay off those student loans and set you up for long-term financial success.
However, on August 24, the Biden administration announced it would erase up to $20,000 of student loan debt for individuals, inadvertently cutting the military’s legs out from underneath them. --->READ MORE HERE
Drew Angerer/Getty Images
Biden's student-loan forgiveness plan is getting rid of the military's 'top recruiting incentive' of free education, 19 GOP lawmakers say:
Republican lawmakers are worried that President Joe Biden's student-loan forgiveness plan will disincentive Americans from joining the military.
Last week, 19 GOP lawmakers wrote a letter to Biden expressing concerns with his recently announced $20,000 in debt cancellation for federal borrowers making under $125,000 a year. They said there are "unintended consequences" with Biden's one-time blanket relief when it comes to military recruiting, especially because it undermines the military's ability to use free education as a recruiting tool.
"By forgiving such a wide swath of loans for borrowers, you are removing any leverage the Department of Defense maintained as one of the fastest and easiest ways to pay for a higher education," the lawmakers wrote. "We recognize the loan forgiveness programs have issues of their own, but this remains a top recruiting incentive."
Rep. Don Bacon, one of the cosigners on the letter, also wrote on Twitter on Monday that Biden's "deeply flawed and unfair" student-loan forgiveness plan will impose challenges "at the precise moment we are experiencing a crisis in military recruiting." --->READ MORE HERE
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