Now is not the time to double your interest rates on student loans. Michelle and I, we have been in your shoes. We only finished paying off our student loans about eight years ago. Americans now owe more on their student loans than they do on their credit cards. Student loans. Student loans. Student loans. Let's give those student loans directly to students. Can I get an amen?
Obama emphasizes the importance of not increasing student loan interest rates and shares his personal experience with student loans.
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