A Biden student loan plan has ended. Here’s what borrowers need to know

A Biden-era student loan repayment plan has ended, what does it mean for borrowers now?
A Biden-era student loan repayment plan has ended, what does it mean for borrowers now?

A federal court order last month to effectively axe a Biden-era student loan repayment plan capped years of chaos for more than 7 million student borrowers enrolled in the program.

The Saving on a Valuable Education, or SAVE, plan marked a cornerstone of the Joe Biden administration’s loan forgiveness efforts but became mired in legal challenges from several GOP-led states.

On July 1, federal loan s…