Indiana Congressman Luke Messer has introduced a bill that would require college to send annual letters to students giving details about their college debt.

It’s a concept that’s been in place at Indiana University since 2012.  Annual letters show students how much they are borrowing and estimated monthly payments going forward.  James Kennedy with IU says students need to be aware of their loans.

State lawmakers passed a similar measure in 2015 for students receiving state financial aid, like the 21^st Century Scholar program or those receiving Frank O’Bannon scholarships.

As of 2017, student loans in the U.S have created $1 trillion of debt for students.  Messer says he’s hopeful for a committee hearing on House Bill 1429 later this year.