You're right, these are all existing programs that Biden's following. I don't think he deserves a round of applause for doing the bare minimum, but we know that Trump will either try to skirt around these programs or remove them completely.
This will likely be the last bit of loan forgiveness we see for the next 4 years.
Pretty sure the defense just needs to play this video and walk away https://youtu.be/U_M_uvDChJQ