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As promised, President Obama joined Jimmy Fallon at the University of North Carolina-Chapel Hill Tuesday night — and he slow jammed the news. “I’m President Barack Obama,” he said, “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,” he told us.

Fallon then chimed in: “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,” Fallon declared.

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