The administration estimates that the changes would raise almost $1 billion.
It is estimated that the change could raise more than $1 billion a year.
Further changes could raise the cost to about $300 million.
Last year, the Administration said the change would raise $4.1 billion in taxes over six years.
All other things being equal, the change will raise the fund's annual return by 0.55 percent.
But the changes actually raised its reported profits so far this year by $5 million.
It estimates that the change would raise $900 million over five years.
The overall changes could raise about $900 million, he added.
These changes raise important questions about the relationship between research (or scholarship) and teaching.
This change would raise nearly $2.4 billion over the next two years.