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President Barack Obama - Career & Financial Facts

1. Barack Obama’s first job consisted of scooping vanilla, mint chip and rocky road into cups and cones, along with crafting sundaes and shakes at Baskin-Robbins; he also worked construction, sold island trinkets in a Hawaii gift shop during the summer after his freshman year of college and worked at a deli counter in Hawaii making sandwiches. Source

2. While giving a speech President Barack Obama mentioned that he and First Lady Michelle Obama did not pay off their student loans until he was 42 years old. Source

3. President Obama said, "Our first starter home was a $180,000.00 condo. That was still a good investment, and we were able to make the payments." Source

4. Early in 2011 President Obama said, "I'm very sympathetic to what young people are going through today, because Michelle and I graduated from law school with combined debt of $120,000.00, and it took us 10 years to pay it off."  Source

5. In regard to his American Express card being denied while trying to rent a car Barack Obama stated, "Needless to say it was all very embarrassing and depressing." Source

6. In 1981 Barack Obama was sharing an apartment in New York. His half of the rent was $180.00 per month. Source

7. Barack Obama's first job after graduating from Columbia was at Business International in New York. He was paid $18,000.00 a year.

8. After his 2000 Congressional campaign Barack Obama was facing difficult financial circumstances: he owed $60,000 for campaign expenses, had maxed out his credit cards, and he and Michelle owed on substantial student loans. Barack and Michelle: Portrait of an American Marriage By Christopher Andersen page 6

More Facts & Sources
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