The President will be focusing on the need to prevent interest rates on federally subsidized student loans from doubling. If Congress does not act, the loan rate will double on July 1, from 3.4 percent to 6.8 percent. Both he and Republican presidential hopeful Mitt Romney have said that action needs to be taken to prevent that from happening.
President Obama is scheduled to hold a roundtable discussion on the issue with graduating W-L seniors and their parents. He will then deliver prepared remarks to the junior and senior classes on “the importance of their having a fair shot at an affordable higher education and the skills they need to find a good job,” according to the White House.
The public will not be able to attend the lunchtime event. The Arlington County Police Department will be helping to direct traffic in the area during the presidential visit.