Gallup: Obama's Approval Among 18- to 29-Year-Olds Spikes to 62 Percent

By Matt Cover | May 7, 2012 | 6:03 PM EDT

President Barack Obama holds a Buckeye, a chestnut, presented to him before a campaign rally at The Ohio State University in Columbus, Ohio Saturday, May 5, 2012. (AP Photo/Mark Duncan)

( – President Barack Obama’s approval rating among 18 to 29-year-olds is rising sharply, hitting 62 percent in the week that ended on Sunday, according to Gallup.

Only two months ago, in the week that ended on March 4, Obama's approval was at 51 percent among this age bracket, and at the beginning of the year, in the week that ended on Jan. 1, Obama's approval was at 47 percent among this group.

The president has spent much time in recent days visiting college campuses and promoting his plan to keep federally backed  student loans at a lower interest rate.

At 62-percent, the president's approval among the youngest age bracket polled by Gallup is at the highest point its been since the week that ended on Jan. 2, 2011, when it rose to 65 percent.

Obama’s approval among 18-29 year olds has not been consistently in the 60’s since the fall of 2009.

Obama’s approval rating among younger people has been trending up as he and fellow Democrats criticize Republicans about the interest rates on student loans. Democrats--including Obama--have cast the debate as centering on whether to keep the subsidies in place. In fact, the debate on Capitol Hill is about how to pay for extending the subsidies, which expire in July.

Back in 2007, Congress passed legislation making the interest rate on federally subsidized college loans 3.4 percent. That rate is set to expire on July 1 and rise to 6.8 percent unless Congress passes an extension on the lower rate. Republicans have agreed to an extension provided it is paid for through federal spending cuts, which is the contention point with Democrats: Where to cut?