No it has got nothing to do with Terminal illness or disease! Neither do I understand why it was called Terminal Fees instead of Miscellaneous Fees for schools in the 70s;
This was the receipt of my Miscellaneous Fees of $1 when I was in Pri.3 in 1971 at Beatty Primary School. I remembered that at that time, teachers have to spend quite a lot of time to collect the “School Fees” (we used to call them School Fees instead of Misc. Fees), instead of teaching. I loved such free time every month during fees collection period.
Well compared the Misc. Fees of $1 at that time to now - see the increased in fees over time!
So do you know why is it called Terminal Fees in the past?