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Blumenthal found his first full-time job earning $40 per week as a billing clerk for the [[National Biscuit Company]]. He later enrolled at [[San Francisco City College]] and supported himself doing part-time work, including truck driver, night elevator operator, busboy and movie theater ticket-taker. He also worked as an armored guard and at a wax factory, where he filled "little paper cups with wax" from midnight until 8 a.m.<ref name="People"/>
He was admitted to the [[University of California, Berkeley]] where he graduated [[Phi Beta Kappa]] in 1951 with a [[B.S.]] degree in international economics.<ref name=Princeton/> It was also where he met and married Margaret Eileen Polley in 1951.<ref name=People>{{cite news |last=Clare |first=Crawford |date=29 August 1977 |title=From Nazi Refugee to Treasury Chief: Mike Blumenthal's Next Step May Be Closer to Carter |url=http://www.people.com/people/archive/article/0,,20068654,00.html |newspaper=People Magazine |location=United States |
He was offered a scholarship to attend the [[Woodrow Wilson School of Public and International Affairs]] at [[Princeton University]], in New Jersey. From there, he earned a [[Master of Arts]] and Master of Public Affairs in 1953, followed by a Ph.D. in economics in 1956.<ref name=Kaufman/> Blumenthal's doctoral dissertation was titled "Labor-management relations in the German steel industry, 1947-54."<ref>{{Cite book|last=Blumenthal|first=Werner Michael|url=https://catalog.princeton.edu/catalog/2791425|title=Labor-management relations in the German steel industry, 1947-54.|date=1956|language=en}}</ref> For income, his wife worked as a secretary and he taught economics at Princeton from 1954 to 1957.<ref name=Princeton/> He also worked as a labor arbitrator for the state of New Jersey from 1955 to 1957.<ref name=Katz/>{{rp|26}}
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