By Miriam Raftery

Sierra Robinson also contributed to this report

June 18, 2012 (Washington D.C.)— "It makes no sense to expel talented young people who are, for all intents and purposes, Americans," said President Obama Friday, speaking at the White House. View a video.

The President noted that many children of undocumented immigrants have grown up in America, only learning of their own undocumented status when they apply for a driver’s license or a job.

Under a new policy announced by Homeland Security Secretary Janet Napolitano, young immigrants who meet certain criteria will no longer be deported. Instead, those who qualify will be eligible for deferred action for two years, subject to renewal.