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Friday, Aug 29, 2014
Offbeat Stories

Student hopes to use graduation cap to cut debt


Published:

FLINT, Mich. – A University of Michigan-Flint student hopes to use his graduation cap to take a bite out of his education debt.

Alex Benda of St. Clair tells the Detroit Free Press (http://on.freep.com/1aDt8Dk ) he wants to cash in on the 10-inch by 10-inch hat by selling ad space in 1-inch squares on top. He says if he’s able to sell 100 squares he’ll have wiped out his about $30,000 in student loans.

The 22-year-old international business major is scheduled to graduate in a few months. He says it’s “scary” to think about trying to find a job while having so much debt.

As of Monday morning, he’s raised more than $1,200 online from 10 backers – but no square buyers had yet to make a pledge.

Online:

Benda’s fundraising page: http://bit.ly/1bd5HxB

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