Causes and Models of Privatization in Higher Education

Abstract

The world we live in is extraordinarily dynamic and forces us daily to face numerous changes in all areas of life. Although the relationship between private and state property was considered and compared by classics in economics, it is only over the last couple of decades that the privatization processes have become a part of everyday economic life. Privatization reaches all industrial branches and the most recent trend is to involve private sector into public administration. Education system is not immune to privatization either, however, due to its specifi c nature the privatization processes have to be handled very cautiously. This paper examines the meaning of privatization in education, the factors causing privatization in higher education and how it is implemented. It also looks at the issue of advantages and disadvantages of privatization in education, i.e., higher education.privatization, education, private sector, public sector.