Video: President Obama and Jimmy Fallon Slow Jam the News

| by Michael Allen

President Obama joined Jimmy Fallon at the University of North Carolina-Chapel Hill on Tuesday night's episode of 'Late Night' (video below).

Obama said: “I’m President Barack Obama and I, too, want to slow jam the news. On July 1st of this year, the interest rate What we said is simple: Now is not the time to make school more expensive for our young people."

Fallon added: “You should listen to the President. Or as I like to call him, the Preezy of the United Steezy. Things are heating up in Congress’ chambers behind all those closed doors. The Pell Grant is a beautiful thing, but is it enough? Aw Pell no."