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Friday, August 10, 2007

Need help with a down payment? Ask the Army
Under aggressive plan, recruits could get ‘buffet’ of incentives
Updated: 11:05 p.m. ET Aug 9, 2007
WASHINGTON - Need a down payment for your home? Seed money to start a business? The Army wants to help — if you’re willing to join up.
Despite spending nearly $1 billion last year on recruiting bonuses and ads, Army leaders say an even bolder approach is needed to fill wartime ranks.
Under a new proposal, men and women who enlist could pick from a “buffet” of incentives, including up to $45,000 tax-free that they accrue during their career to help buy a home or build a business. Other options would include money for college and to pay off student loans.
An Associated Press review of the increasingly aggressive recruiting offerings found the Army is not only dangling more sign-up rewards — it’s loosening rules on age and weight limits, education and drug and criminal records.
It’s all part of an Army effort to fill its ranks even as the percentage of young people who say they plan to join the military has hit a historic low — 16 percent by the Pentagon’s own surveying — in the fifth year of the Iraq war.
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