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Transcripts For FOXNEWSW Fox 20240705

al sand alexandria hoff with the latestest on all of this. reporter: so the president tried to the use the 2003 heroes act as a route to usher in this loan forgiveness plan. of course, the supreme court shot that down yesterday. now biden administration is looking at something called the higher education act as a means to the become a plan b. we re not going to waste any time on this. we re getting moving on it it s going to take longer, but we re getting at it right away. reporter: president sd the higher education act will allow the secretary the of education to waive or release are loans under certain circumstances. very few details on how or why this route could work, and it s likely to face the the same legal challenges. as part of a joint statement released yesterday, republican senator bill cassidy wrote, quote: president biden s sunt loan scheme is still illegal and does not forgive department, but with instead ares it to to those who willingly took on the d

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