Private Universities would risk reducing the quality of university degrees.  New private universities will not have a long standing reputation to keep up. They may not be as well regulated and they will have no social interest beyond simply getting money from their students. This means that they may well offer cheap and poor quality education in order to find a gap in the market. This could damage the reputation of other universities as Dr Paul Greatrix registrar of Nottingham University worries "If there are entrants who are on the extreme end of cheap and cheerful, this will damage our international reputation."1 In systems that are both private and state funded universities there is an immense divide between a few very good elite institutions that charge immense amounts and a much larger number of poorer quality universities. Take the US system, it is well known for its world class Ivy League universities. Its publicly funded universities however do much less well with only the University of Michigan near the top of the world rankings in 20th place. Of the state universities only those that do not face so much Ivy league competition over in California due to distance do well1. Having Private universities clearly creams off the best students and the funding leaving the public universities in a worse position lowering the overall quality of education.  1 Shepherd, Jessica, "What universities think of competing for their admissions." Guardian.co.uk, 28 June 2011. 2 Hotson, Howard, "Don't Look to the Ivy League." London Review of Books, Vol.33, No.10, 19 May 2011 .