U.S. Sen. Martin Heinrich introduced legislation Wednesday aimed at keeping college students in school through graduation for the next 10 years.

The bill, called the College Completion Fund Act, would require states to develop strategic plans for increasing completion and graduation rates in order to access $62 billion in funding through the U.S. Department of Education.

“The fact is that federal education policies and funding support for colleges and universities have not caught up with the realities facing today’s student bodies,” Heinrich said during a virtual presentation last week hosted by the Washington, D.C.-based Institute for Higher Education Policy. “We’ve focused for so long on how we can get students into college. I’d argue we need to focus much more on how to help students get through college.”