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Is now the time to build a public-private partnership?

Under budgetary pressures and increased competition, higher education institutions are considering more than adjustments to tuition and fees, draw-downs on endowments, and academic or other cutbacks and consolidations to make ends meet. They are considering new partnerships with the private sector: public-private partnerships. Defined as the practice of sharing responsibility for providing a good or service with a for-profit entity, P3s have been part of the higher education landscape for some time.

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