CLOSE

President Barack Obama crooned audiences as he slow jammed the news with Jimmy Fallon on the comedian’s late night talk show, last night. Barack used his time to touch on the effects of student loans and what he has proposed to Congress to help with (student) financial debt:

“On July 1st of this year, the interest rate on Stafford Loans are set to double and that means that some hard working students will be paying a thousand dollars extra for their education. So I’ve called on Congress to prevent this from happening. What we said was simple: Now is not the time to make school more expensive for our young people. There’s some in Congress who disagree. They say keeping the interest rate low isn’t a 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.”

Like TheUrbanDaily on Facebook to stay on top of your favorite black celebrities:

Beyonce Pens Letter To First Lady Michelle Obama

President Obama Calls Kanye West A “Jacka**,” Again!

<p>Facebook Live Is Loading....</p>