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U.S. Sen. Rick Scott, a Florida Republican, said Tuesday that colleges or universities that raise tuition should be cut off from federal student aid programs.

Scott offered the proposal -- which would likely force many colleges to shut down entirely -- along with several other ideas to address the cost of higher education in remarks at the Heritage Foundation.

Scott said he also wanted to put colleges on the hook for a portion of defaulted loans held by former students. Fellow Senate Republican Josh Hawley in July introduced legislation that would require colleges to pay for half of defaulted loans.

As Florida governor from 2011 until he entered the Senate this year, Scott pushed for public colleges in the state to limit tuition increases. He also pursued performance-based funding measures that attached state appropriations to student outcomes.

"Our higher education system doesn't serve the student and we need to change that," Scott said.