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

WASHINGTON — 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 servicers will start sending notices to borrowers instructing them to enter into a legal repayment plan within 90 days...