Student hopes to use graduation cap to cut debt - 13abc.com Toledo (OH) News, Weather and Sports

Student hopes to use graduation cap to cut debt

Posted: Updated:

FLINT, Mich. (AP) - 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  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.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • RegionalMore>>

  • U. of Michigan plans $168M athletic facility

    U. of Michigan plans $168M athletic facility

    The University of Michigan wants to build a $168 million multi-use facility for its Division I Olympic sports, including track, tennis, cross country, rowing, soccer and lacrosse.
    The University of Michigan wants to build a $168 million multi-use facility for its Division I Olympic sports, including track, tennis, cross country, rowing, soccer and lacrosse.
  • Michigan lawmakers cracking down on human trafficking

    Michigan lawmakers cracking down on human trafficking

    Tuesday, September 16 2014 6:45 AM EDT2014-09-16 10:45:05 GMT
    LANSING, Mich. (AP) - Michigan lawmakers plan to proceed with a bill making it easier for the government to seize property linked to suspected illegal activity. The legislation up for a vote Tuesday in the state House allows for the forfeiture of homes, cash and other assets in home invasion and rape cases. It's designed to crack down on human trafficking. The bill lets law enforcement take property and not give notice of forfeiture for 56 days. The current deadline is seven days. Supporte...
    LANSING, Mich. (AP) - Michigan lawmakers plan to proceed with a bill making it easier for the government to seize property linked to suspected illegal activity. The legislation up for a vote Tuesday in the state House allows for the forfeiture of homes, cash and other assets in home invasion and rape cases. It's designed to crack down on human trafficking. The bill lets law enforcement take property and not give notice of forfeiture for 56 days. The current deadline is seven days. Supporte...
  • MI simulates oil spill

    MI simulates oil spill

    Monday, September 15 2014 3:38 PM EDT2014-09-15 19:38:10 GMT
    Emergency response agencies will participate this week in an exercise simulating a worst-case spill from oil pipelines running beneath the Straits of Mackinac in northern Michigan.
    Emergency response agencies will participate this week in an exercise simulating a worst-case spill from oil pipelines running beneath the Straits of Mackinac in northern Michigan.
  • Top StoriesMore>>

  • Police searching for carjacking suspects

    Police searching for carjacking suspects

    Tuesday, September 16 2014 11:24 AM EDT2014-09-16 15:24:27 GMT
    Toledo Police are looking for two carjacking suspects. Officers tell 13abc a man was trying to help a woman jump start her car when he was shot in the hand. That's when two men took off with the woman's car.
    Toledo Police are looking for two carjacking suspects. Officers tell 13abc a man was trying to help a woman jump start her car when he was shot in the hand. That's when two men took off with the woman's car.
  • U. of Michigan plans $168M athletic facility

    U. of Michigan plans $168M athletic facility

    The University of Michigan wants to build a $168 million multi-use facility for its Division I Olympic sports, including track, tennis, cross country, rowing, soccer and lacrosse.
    The University of Michigan wants to build a $168 million multi-use facility for its Division I Olympic sports, including track, tennis, cross country, rowing, soccer and lacrosse.
  • Michigan lawmakers cracking down on human trafficking

    Michigan lawmakers cracking down on human trafficking

    Tuesday, September 16 2014 6:45 AM EDT2014-09-16 10:45:05 GMT
    LANSING, Mich. (AP) - Michigan lawmakers plan to proceed with a bill making it easier for the government to seize property linked to suspected illegal activity. The legislation up for a vote Tuesday in the state House allows for the forfeiture of homes, cash and other assets in home invasion and rape cases. It's designed to crack down on human trafficking. The bill lets law enforcement take property and not give notice of forfeiture for 56 days. The current deadline is seven days. Supporte...
    LANSING, Mich. (AP) - Michigan lawmakers plan to proceed with a bill making it easier for the government to seize property linked to suspected illegal activity. The legislation up for a vote Tuesday in the state House allows for the forfeiture of homes, cash and other assets in home invasion and rape cases. It's designed to crack down on human trafficking. The bill lets law enforcement take property and not give notice of forfeiture for 56 days. The current deadline is seven days. Supporte...

Area Events Calendar

See It, Shoot It, Send It!