President Obama stopped by the “Late Night With Jimmy Fallon” to help him deliver the news, particularly viewpoints on student loan interest rates. The show was taped on the campus at the University of North Carolina in Chapel Hill.
President Obama joined Jimmy Fallon and The Roots for a funny clip/skit to “slow jam” the news.
PRESIDENT OBAMA: I’m President Barrack Obama. And I too want to slow jam the news! On July first of this year the interest rate on Stafford student loans, the same loans many of you use to help pay for college, are set to double. That means some hard working students will be paying about a thousand dollars extra just to get their education. So I’ve called on Congress to prevent this from happening. What we’ve said is simple: now is not the time to make school more expensive for our young people.
JIMMY FALLON: Oh yeah. You should listen to the President – or, as I like to call him, the Preezy of the United Steezy…Things are heating up inside of Congress’s chambers, behind all those closed doors. So the president made a few discreet calls across the aisle. He said ‘Hey, let’s get together on this one.” With college getting more expensive, is it enough by itself to satisfy all your collegiate needs? Ah, Pell no!
PRESIDENT OBAMA: Now there’s some in Congress who disagree. They say keeping the interest rate low isn’t the way to help our students. They say we should be doing everything we can to pay down the national debt. Well, so long as it doesn’t include taxing billionaires. But their position is that students just have to make this rate increase work. Frankly I don’t buy it.
JIMMY FALLON: Mmm-mmm-mmm! The Barackness Monster ain’t buying it. We all know our legislative bodies in the House, tossing and turning late into the night, but still Republicans disagree and could even filibuster. But, if they do, the president said, they’re gonna feel it, buster
President O talks about student loans and higher education:
Come on Obama, let’s forgive these student loans to boost the economy!! We here at MediaMRS.com approve this message Lol