(AP) — The ads aren't big -- but they are in a prime spot. University of Michigan-Flint senior Alex Blenda is selling ad space on his graduation cap. He tells the Flint Journal he has 100 square inches to sell. So far, he's raised $5,400. Blenda says the ad idea is more successful than he expected. He intends to use the money to pay down his $30,000 student loan debt. He has a little more time to sell ad space. He's getting his diploma May 4.

*This kid may be on to something*