I dont want to sound like some nerdy teacher, but if any of you are serious about design (If you are doing it in school/career later on whatever) take a type/typography/text class if at all possible.
It is really a sweet experience.
I took typography I&II and it helped me immensely because you do nothing but design with fonts. It doesn't make me better, and please don't take it that way, I am just telling you my experience.
IF it isn't possible to take a class, then just study art that is type heavy. Study fonts, test angles, sizes, the white and black space, serifs/sanserif. Make a sig with nothing but type... make a poster etc.
Hope that helps.. at all lol
*I created this sig