But the commercial insurers say the increased fees will just raise rates for their customers, without addressing the underlying problems.
The governor said that the new fee would raise about $12 million a year.
The Treasury has calculated that such a fee would raise as much as $7 billion a year.
The fees raised drastically to ca. 4 lakhs per course as of today.
Any new tax or fee raises ticket prices and the cost of airlines' doing business.
These fees raise the real cost to the borrower and reduce the amount of money available for educational purposes.
The Administration has said the fees would raise $400 million a year to help ward off illegal immigration.
One new fee, for example, would raise the cost of vanity license plates to $25, from $15.
Various officials estimate that the fee would raise charges by $4.50 to $5.40 an hour.
The fee would raise $2 billion over seven years.