debt

The village also used money to cover debts at Angels Crossing Golf Club and to pay for several unexplained expenditures.

Last year’s college graduates had an average of more than $28,000 worth of student debt. That’s about $1,000 more than in 2011.

Vicksburg will help pay off its $3.5 million debt by selling extra village properties, debt refinancing, and by cutting the village’s budget by one percent.