After the IIMs raised their fees last week to about 12 lakhs of rupees a year, the IITs may also raise their fees too. The IITs plan to double their fees, from 25 thousand a year to 50 thousand a year. It will cost about 100 times that to educate an IIT student and he earns about 100 times that the day he leaves IIT so is the IIT justified in raising fees.