This would save young Americans from going into crippling debt, but it would also make a university degree completely unaffordable for most. However, in the age of the Internet, that doesn’t mean they couldn’t get an education.
Consider the long term impact of this. There are a lot of different ways such a situation could go, for better and for worse.
I agree that this is veering way off topic, but you seem to like to argue semantics.
My main point was that Biden, at that time a senator of a majority Democratic state, voted with Republicans and a minority of Democratic senators of mostly conservative states to pass a bill that would benefit his largest donor, MBNA, as well as other banks, to the detriment of common people. While the OP may have overstated Biden’s involvement with this bill, you seem to be understating it.