He attended University of Nebraska at Omaha, Grinnell College,  and University of Nebraska-Lincoln. Pederson was a lawyer and lived in North Platte, Nebraska. He served on the North Platte Board of Education.
Pederson attended several institutions, including the University of Nebraska at Omaha, Grinnell College, and the University of Nebraska-Lincoln. As a lawyer, he resided in North Platte, Nebraska, and was also involved with education, serving on the local school board.