President Obama was on the Jimmy Fallon show last night - and treated the audience to a slow jam to stop student loan interest rates from doubling. He jams "the Right and Left should join on this like Kim and Kanye."
Presidential candidate Mitt Romney has joined Obama in calling on Congress to stop the interest rate hikes. So we would like to add to the jam, "Congress should join together on this like Barack and Mitt."
Today presidential candidate and Republican Mitt Romney endorsed Obama's plan to prevent interest rates on subsidized Stafford student loans from doubling this summer on July 1 for nearly 7.5 million students. Without Congressional action, interest rates will increase from 3.4 percent to 6.8 percent.
Yesterday we released a new report, Transportation and the New Generation: Why Young People are Driving Less and What it Means for Transportation Policy, that shows that young people in particular are decreasing the amount they drive and increasing their use of transportation alternatives.