There is a quick way to make a work path from your text in Photoshop, assuming you haven’t rasterized it yet. With the type layer selected, right click the layer itself in the Layers palette and the drop down list has a ton of features for type. Immediately below the Rasterize option is a “Create Work Path” option. Hit it and when you flip over to your Paths palette, there it is. This will come in handy when you get to InDesign and start using Clipping masks for images and such.