since the point of the program was to stimulate production of New cars, which it did, creating an increase in GDP and jobs, the experiment was a success.
If Biden forgives student loans it will not lower the price of tuition. Since the point of student loan forgiveness is to help people get on their feet, and buy houses and cars, it not lowering the price of tuition would also mean a success.
I'm guessing you have a house mortgage. If I pay that off for you, will it lower the price of your house? I guess there's no point in doing it then. Because you wouldn't take that monthly mortgage payment and instead buy more stuff or invest in stocks, boosting the economy. You would clearly spend it on sponsoring a super-spreader own-the-libs rally.
If Biden forgives student loans is that going to lower the price of tuition?