What are the advantages and disadvantages of privatization of technical and professional education?

Speaking of the benefits the government gains:

1. The government can reduce the state spending on providing the public education.

2. The university or college administration can deflect the criticism to a specific third party (contractors,etc.) should it become necessary to increase revenues as a result of higher costs.

3. The system of universities and colleges can become more efficient and effective.

Speaking of the benefits a student obtains:

The students from rich families can select the universities or colleges that can provide courses fit for them.

The biggest benefit to families is that parents can choose a school with similar values to their own , and especially for people of any faith , can spare their children from exposure to views that are anti-thetical to their own.