Here’s a clever little story.
A Michigan student with mammoth student loans has come up with an ingenious scheme to shave off some of the debt. He’s selling ad space on top of his graduation cap.
Alex Benda, of the University of Michigan-Flint, has piled up about $30,000 in student loans on his way to a business degree.
Now Benda is attempting to sell one hundred 1in squares on his 10x10in cap at the rate of $300 per square.
Happens to be the exact amount he needs to pay off his college debt.
“It’s scary to think I’m about to go out into this economy and try to find a job and have all this debt I’ll have to start paying,” Benda, 22, told USA Today. “I started thinking, Do I have anything available I could sell?”
Benda claims he has already raised $1200. According to my calculations, that leaves him with 96 squares left to sell.
Not sure how much marketing buzz you’ll generate with a 1in ad on top of a random guy’s graduation cap in Flint. But hey, you’ve got to admire this fellow’s creativity–and his P.R. chops.
(Image: trustypics.flickr)
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