President Barack Obama will visit the University of North Carolina at Chapel Hill on Tuesday as part of a nationwide tour to promote lower interest rates on student loans, the White House announced Friday.
He will also appear on a special broadcast of NBC’s Jimmy Fallon show taped on the campus featuring the musician Dave Matthews.
The Chapel Hill campus is the first of three universities on the tour designed to pressure Congress to prevent student loan interest rates from doubling this summer. More than 7.4 million students hold loans with 3.4 percent interest. The White House believes there is still time for Congress to prevent the increase from taking effect July 1.