Who pays the price for private profits? Students at public colleges Students get less innovative, less cutting-edge teaching as a result of the innovation chill created when faculty members’ work is stolen by the college and sold off for profit. The mental health of students can be put at risk when privatized frontline services, such as counselling, provide lower-quality service, or eliminate some services altogether. Faculty Some faculty lose their jobs when the work they have created is sold to a private college and the original program is cut at the public college. Faculty receive no compensation for the time they invested in researching and creating course materials and lectures when they are sold or licensed by colleges. Students at private colleges Despite paying premium prices, students at private career colleges receive a lower-quality education and are denied access to additional services and opportunities that students at public colleges receive. Public colleges Short-term revenue increases from licensing programs and courses can end up costing colleges both students and revenue in the long term to the new competitors they create. The reputation of colleges can be put at risk when their brand is attached to lower-quality programs or questionable ventures.