Abstract:
Higher education requires study for increasing demand and contribution from all parts of society. In the stride of
globalization and liberalization, government has been withdrawing from incremental investment in higher education and
that responsibility is gradually shifting to private stake-holders. It is reasonably essential for government to continue the
support to higher education financing to achieve educational and social developmental goals. With declining public sector
expenditure and significantly higher number of enrolment in private institutes indicate low quality and huge space for
private investment in higher education.
