This bill, known as the STUDENT Act, aims to increase transparency for federal student loan borrowers by requiring the disclosure of the total interest that would be paid over the life of the loan . It achieves this by amending Section 455(p) of the Higher Education Act of 1965. The new requirement mandates that existing loan disclosures include this crucial financial detail, calculated specifically using the standard repayment plan applicable to the borrower's total outstanding principal across all their federal student loans. This provision is designed to provide borrowers with a more comprehensive understanding of their long-term financial obligations.