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A fourth-generation Arkansan, Halter was born and raised in North Little Rock. He graduated from Little Rock Catholic High School as valedictorian of his class in 1979. A National Merit Scholar and a 1981 Harry S. Truman Scholar<2>, he studied economics and political science at Stanford University in Palo Alto, California, where he earned a Bachelor of Arts degree with honors and distinction in 1983. He was also a member of Phi Beta Kappa.
Upon graduation from Stanford, he won a Rhodes Scholarship to Oxford University in England, where he received a Master of Philosophy degree in economics in 1986. He was also a Marshall Scholar.<3> Following his return to the United States, he became a management consultant with McKinsey & Company, specializing in strategic planning and improving organizational effectiveness for a variety of public and private clients.
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