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President Obama will spend part of his day today at the University of North Carolina at Chapel Hill taking on student loans and the rising cost of education. More than 7.4 million students with federal student loans will see their interest rates double on July 1 unless Congress steps in to keep them low.

President Obama is expected to arrive in North Carolina shortly before noon, speak at Carmichael Auditorium around 1 p.m. and depart around 3:40 p.m. Traffic to and from the airport and in and around Chapel Hill is sure to be affected.

Here are two road closures planned in Chapel Hill:

•South Road, from Raleigh Street to Country Club Road, starting at 7 a.m.

•Cameron Avenue near Memorial Hall, starting at 9 a.m.

The campaign-style trip will also includes Obama’s first appearance on “Late Night With Jimmy Fallon” in a segment to be taped Tuesday afternoon at the University of North Carolina at Chapel Hill.

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