Biden Likely Can't Wipe Student Debt Without Congressional Approval: Clay Travis

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Clay Travis discussed student loan cancellation and its consequences for America on 'Fox & Friends' on Wednesday.

" not canceling student debt, he's just changing where the obligation to repay the student debt lies," Travis said.

He said Biden likely can’t wipe out student debt without congressional approval.

Watch Clay Travis' full take on Biden canceling out student loan debt: