Quote – Industry press release from the Pennsylvania branch of Sallie Mae.

Legislation passed by the U.S. House of Representatives, however, would require all federal student loans to be originated by the federal government, jeopardizing hundreds of private sector jobs in Wilkes-Barre and hampering related economic development in the state. Sallie Mae currently contributes more than $40 million annually to the local economy and has contributed millions to local charities.

From a Pennsylvania press release on SallieMae.com, “Sallie Mae employees, local officials urge lawmakers to protect local jobs”.

Friday, November 6, 2009