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    Burger King Wants to Pay Off Your Student Loans

  • In order to participate in the contest, customers will need to download the BK app.

    flickr: Mike Mozart
    Around 65 percent of college graduates enter the workforce with debt.

    In a new contest, Burger King will be awarding customers who need some help paying part of—if not all—their student loans. As of 2018, over 44 million Americans were affected by student debt. Around $1.56 trillion is owed in student loans, according to LendingTree. That’s a lot of Whoppers.

    The burger chain took to Twitter last week to announce the contest, the Whopper Loans initiative. The contest is currently taking place and will end on June 6. With the Whopper Loans initiative, Burger King plans on giving away 300 prizes valued up to $250,000. Most prizes will be valued at $500, however, one lucky winner will receive $100,000.

    Customers will have to download and make a purchase through the Burger King app in order to enter the contest. If app users are 18 or older and have a post-secondary student loan in their name, they are eligible to enter the Whopper Loans contest. Eligible customers can then enter the contest by submitting their email and the amount of their monthly student loan payment.

    Burger King will hold drawings on May 31 and June 6. The grand prize winner will be announced on June 13.