A federal employee in Seattle, he spends just over $1,000 a month to repay loans tied to his bachelor’s and master’s degrees.
“I think of it as a car payment,” said Dormier, who will soon pay off his bachelor’s degree debt and have a lower payment. “Instead of a stupid car that’s devaluating, it’s a degree that helps me increase my income down the line. It’s a car payment that’s paying me back.”
Turns out he’s right.
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