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President Obama Jams About Student Loans With Jimmy Fallon

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April 25 2012, Published 1:38 p.m. ET

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Last night on Late Night With Jimmy Fallon, the show filmed a special episode at the University of North Carolina at Chapel Hill and much to the delight of the audience, President Barack Obama appeared!

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President Obama slow-jammed with Jimmy Fallon about political issues such as the increasing costs of higher education.  When he and the host took turns jamming about Stafford Loans and the Pell Grant, Jimmy referred to his partner on stage as "The Preezy of the United Steezy."

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As the president spoke in a soulful tone about student loans, Jimmy pointed out, "And the president knows his stuff y'all, that's why they call him the Potus — which means person on top...what is it?"

"Jimmy, POTUS stands for The President of the United States," said President Obama. Then The Roots crooned, "The Potus with the mostest!"

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