Public-private partnerships aren't new in higher education. But, in 2012, some especially compelling financial reasons accelerated development of public-private partnerships between public universities and private entities in their communities. Public institutions have never been under more pressure to find alternative sources of revenue to help…

Saint Mary's College of Maryland, previously a public college, has become a unique public-private hybrid in response to changes in state support commitments. Although this model could not be applied to most institutions, the experience suggests that college and universities must find new means of financing and relating to the state. (MSE)