College is considered one of the best experiences of a person’s lifetime, but once graduation has come and gone, most students have to deal with how much debt has piled up and how they will pay it off.
A recent survey conducted by budget travel site CheapTickets found that 70 percent of students said that their student loans prevent them from traveling as much as they’d like. Also, one and four stated that they would prioritize traveling if they didn’t have any student loans.
With this in mind, Cheap Tickets has decided to help five lucky students travel by paying their college debt. Cheap Ticket’s Student Loan Vacation Sweepstakes will give $4,716 to five winners — a year’s worth of student loans on average, according to a study by the Federal Reserve Bank of New York. The winners will also receive an extra $250 in CheapCash to be redeemed at hotels worldwide.
Recent graduates and those still attending college can enter on the Student Loan Vacation Sweepstakes website. Participants have until 11:59 CT on June 6, 2021, to enter. The winners will be announced on or around June 10, according to Elite Daily.