The paper examines the country's highly complex fee structure of higher educational institutions (HEI) and its changes over time. School fees vary widely across private colleges and universitites (CUs) in continuous fashion. In state universities and colleges (SUCs), fees have been arbitrarily set. Fee increases also differ across schools and appear to be adjusted to inflation in an unpredictable manner. The paper explains fee variation by quality, enrollment and institutional character using cross section data of HEIs for each degree program. Regressions were run to test for the relationship between fees and quality indicator, institutional character and enrollment.