The “Barackness Monster,” as Jimmy called him, just got his JOBS Act signed into law the other day, and he used this appearance on Jimmy Fallon to shine light on another task he’s trying to manage before his first term as president ends. As Questlove played the beat with the rest of The Roots, Obama explained that he’s trying to lower interest rates on Stafford Student Loans.
Check the video after the jump
“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.”
Accompanying the Prez on vocals were Jimmy Fallon and Black Thought of the Roots who name dropped Kanye and Kim as well as Tim Tebow to grab the attention of folks who were uninterested in hearing what Obama had to say about student loans.