The implications. One, this increase will make it impossible for the poorest to pursue education. Two, classes will still be full; many "high end" private schools charge about the same. Three, more students and their parents will start to make considered choices; more will enlist in courses likely to lead to fast employment. For instance, a parent will prefer to pay for a nursing course than some general degree leading to nowhere. Lastly, more parents will be encouraged to send their kids abroad; if you have to pay good money for education, it better be good education.
That said, I believe universities will devise ways to keep the poorest students in school while making the capable ones pay. We should not forget that these prescriptions come from the IMFs as lending conditions.