President Obama: College Is the Best Investment You Can Make
Posted on April 25, 2012 at 10:55 AM EDT
President Barack Obama delivers remarks on interest rates on student loans at the University of Colorado Coors Event Center in Boulder, Colo., April 24, 2012. (Official White House Photo by by Chuck Kennedy) If Congress doesn't act, more than 7.4 million students with federal student loans will see their interest rates double on July 1 of this year. President Obama believes that this is unacceptable: Higher education cannot be a luxury in this country. It’s an economic imperative that every family must be able to afford. On Tuesday, the President visited universities in Colorado and North Carolina to talk with students about the importance of keeping interest rates on student loans low so that more Americans can get a fair shot at an affordable college education that will provide the skills they need to find a good job, and a clear path to middle class. President Obama also paid a visit to Late Night with Jimmy Fallon, which was taping at the University of North Carolina at Chapel Hill, where he " slow jammed " the news, explaining, "Now is not the time to make school more expensive for our young people." read more
