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The Battle Against Student Loan Reform
July 9, 2010 Updated Mar 17, 2010 at 6:21 PM EST


Hundreds of Western New Yorkers showed up in full force outside the offices of a couple Federal Lawmakers.
Employees of SallieMae and it's subsidary, Pioneer Credit Recovery, which both have offices here in Western New York, are protesting President Obama's Federal Loan Reform proposal.
Under the reforms, the Federal Government would take over the process of handing out loans. Currently that job is up to private companies like SallieMae. The move, many say, will cost jobs, possibly hundreds here in the local area.
SallieMae and Pioneer employ several hundred people in both Arcade and Perry, NY. These employees picketed the offices of U.S. Senator Kirsten Gillibrand (D) NY, and U.S. Congresswoman Louise Slaughter (D) 26th District.
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