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Putin offers debt relief as a recruiting tool in the war against Ukraine

Russian President Vladimir Putin appears to have taken a page out of President Biden’s book and is promising to cancel the debts of new recruits who sign up for the country’s military for one year.

In November, Putin signed a law allowing anyone who joined the Russian military after Dec. 1, 2024, to clear debts amounting to 10 million rubles, or about $96,000.

The Associated Press reported that the law applies to debts that were ordered to be collected by a court, and proceedings had begun before Dec. 1, 2024. This law also applies to spouses of new students.

The move appears to be in line with Biden’s playbook, although the latter does not link the loan proceeds to the military.

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Russian President Vladimir Putin listens to the Moscow-appointed head of the Russian-controlled Zaporizhzhia region, Yevgeny Balitsky during their meeting at the Kremlin in Moscow, Russia, Monday, Nov. 18, 2024. (Vyacheslav Prokofyev, Sputnik, Kremlin Pool Photo via AP)

Earlier this month, the Biden administration announced $4.28 billion in student loan relief as Biden and Vice President Harris prepare to leave the White House.

The big offer will provide loan forgiveness for 54,900 government employees but also brings the total loan forgiveness approved by Biden to nearly $180 billion for nearly 5 million borrowers.

The Biden-Harris administration has proposed a plan to create “incentives” for government employees to “pursue and stay” in their jobs by forgiving outstanding balances of borrowers after making 120 monthly payments.

BIDEN-HARRIS ADMIN REMOVES ANOTHER $4.28 BILLION IN STUDENT LOAN BILLS

The North Koreans

This photo taken on October 18, 2023 shows North Korean soldiers raising their national flags as they receive Russian Foreign Minister Sergei Lavrov after he arrived at the airport in Pyongyang. (Photo by KIM WON JIN/AFP via Getty Images)

In Russia, however, the debt relief measure is another way Putin plans to build up Russia’s military as he continues his war with Ukraine.

The AP reported on Sunday that Western leaders said North Korea had sent up to 10,000 troops to help Russia’s military campaign.

Russia has also reportedly recruited hundreds of Yemeni men to fight in its war in Ukraine by luring them to Russia under false pretenses in cooperation with the Houthi terrorist network, according to a report by the Financial Times.

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The war in Ukraine

The 24th Mechanized brigade named after King Danylo of the Ukrainian Army fired a 2s5 “Hyacinth-s” howitzer at the Russian frontline, during the Russian invasion of Ukraine, near the city of Chasiv Yar in the Donetsk region. , Ukraine November 18, 2024. Oleg Petrasiuk/King’s News Service 24th Danylo Separate Mechanized Brigade of the Ukrainian Armed Forces. (Oleg Petrasiuk/Press Service of the 24th King Danylo Separate Mechanized Brigade of the Ukrainian Armed Forces/Handout via REUTERS)

Yemeni workers who were transported to Russia under a “people-smuggling mission” were initially told that they would receive high-paying jobs and Russian citizenship.

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However, after arriving with the help of a Houthi-linked company, many have apparently been forced into the Russian war, forced to sign combat contracts at gunpoint and sent to the front lines in Ukraine.

Fox News Digital’s Sarah Rumpf-Whitten and Andrea Margolis contributed to this report.


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