Federal student loan forgiveness is taxable after 2025, and oversight reductions require borrower vigilance. The federal government has been making a promise to millions of student loan borrowers for years: Stay on your repayment plan long enough, and your remaining balance will eventually disappear.

Forbes contributors publish independent expert analyses and insights. A major deadline for certain federal student loans is only two weeks away, and failing to act could be a costly mistake for hundreds of thousands of borrowers.