VIDEO: President Obama Slow Jams #DontDoubleMyRate with Jimmy Fallon

As part of his two-day tour pushing Congress to keep the subsidized Stafford loan rate from doubling, President Obama appeared on "Late Night with Jimmy Fallon" last night, where he slow-jammed the news about student loans. A segment typically fulfilled by Fallon and NBC anchor Brian Wililams, the clip features a hilarious take on the #DontDoubleMyRate issue.

The slow jam featured some winning lines, like Fallon's on Pell grants: "With college getting more expensive, is it enough by itself to satisfy all your collegiate needs? Ah, Pell no!"

Check it out here:

The president stuck around to discuss a range of issues with Fallon, including the need for Congress to take action before July 1 to prevent the interest rate from doubling. Failing to do so would impact more than 7 million students who would pay, on average, an extra $1,000 in payments over the life of their loan. Watch Obama talk about the issue here:

Brian Stewart is the communications manager at Campus Progress.

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Story Tags

• stafford loans
• student debt