Obama jumps the shark with student loan jam President Obama's 'celebrity status' reached perplexing new levels last night on comedian Jimmy Fallon's comedy show last night. After watching this sketch, I think it's fair to say that he has 'jumped the shark.' Last night on the Jimmy Fallon show, Obama "slow jammed" with Jimmy Fallon and his band about his plan to freeze interest rates for student loans, criticizing filibustering Republicans for blocking his plan. Warning that the interest rates for student loans will 'double,' Obama warned that "some hard working students would be paying about $1000 extra just to...