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Natty Light wants to help you pay off your college debt

Giving away $1M for Super Bowl contest
Natty Light wants to help you pay off your college debt
Posted at 2:35 PM, Jan 30, 2018
and last updated 2018-01-31 10:50:03-05

CINCINNATI -- Natural Light, the beer brand popular with the college crowd because of its affordability, wants to help out broke students even more.

Natty Light, as it's known, is giving away $1 million as part of a Super Bowl promotion airing in 10 markets across the country.

Specifically, twenty-five winners of a video competition will get $40,000 each to help pay off student loans.

According to the Pew Research Center, about 40 percent of adults under age 30 have student loan debt. In 2016, the median borrower owed $17,000 in outstanding student loans.

So why our area? Apparently, people here really enjoy Natty Light. The 30-second spot also will air in Cincinnati; Dayton, Ohio; Johnstown, Pennsylvania; Lexington, Kentucky; Pittsburgh, Pennsylvania; Madison, Wisconsin; Columbia/Jefferson City, Missouri; Columbus/Tupelo, Mississippi; Montgomery, Alabama and Kansas City, Kansas.

To enter, contestants have to "post a video telling us your inspiration for going to college." The video has to include Natty Light's green dollar-sign tab, available here. And when the video's posted on social media, be sure to include hashtags #nattystories and #contest.

Chelsea Phillips, who oversees Natural Light for Anheuser-Busch InBev, said the ad also appeals to Gen Xers with its soundtrack: Paula Cole's "I Don't Want to Wait," theme song to late-90s/early 2000s drama "Dawson's Creek."

Phillips told AdAge the spot is "a little nostalgic because this is about stories and memories of all of those great times."

Among people aged 30 to 44, roughly 22 percent have student loan debt; that drops to only about 4 percent of those 45 and older, according to Pew.