Young, Broke, and Educated

Alexander Baima graduated college with $80,000 in student debt at the age of 23 from one of the top 25 business schools in America. After college he went to work as a financial planner and serviced fortune 500 clients. He created the financial plans that brokers took credit for, and while they grossed millions a year, he made minimum wage.

At 29, his parents had a house with an $80,000 mortgage and a child - and they lived on one income. At 29, Alexander still had over $50,000 in student de...