- "Let's break this down step by step."
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Blankfein has witnessed the power of a strong college education firsthand. The billionaire finance leader was born into public housing in Brooklyn, sharing a bedroom in his small New York City apartment with his grandmother or sister until he went off to college. At the time, his high school was on the brink of shutting down, Blankfein told CBS—but the then-teenager battened down the hatches, studied hard, became class valedictorian, and got into Harvard University at just 16 years old.