Your loan servicer might also call you, and the phone number may look legitimate. But if a caller asks you to take action for debt relief, to pay them money, or to share your personal or financial data, odds are it's a scam. To be safe, you can hang up and call your servicer back on its official phone line.

The last round of student loan forgiveness from the administration caps a tumultuous effort to deliver widespread relief to millions of Americans.

Despite the uncertain environment, it’s not too late for borrowers to take some steps to mitigate the loss of some student loan forgiveness benefits.