Written By : William Teach
March 31, 2010

Probably Bush’s fault because he didn’t reform student loans and put the federal government in charge or something like that

Powerhouse student loan provider Sallie Mae says layoffs are imminent as a result of President Obama’s new student loan overhaul.

“This legislation will force Sallie Mae to reduce our 8,600-person workforce by 2,500,” Conwey Casillas, Vice President of Sallie Mae Public Affairs, said in a statement to Fox News.

How’s that hopey changey thing working out for ya?

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