While settling on the name of a college/school to pursue your higher education from, the one thing that bugs most students to no end is whether to opt for a public university or a private college. This fundamental question has troubled both former and current students and it will continue to stress out prospective applicants as well. Students looking to secure admission in their choice of college feel the need to find out the status of their favoured school.
But, before we go any further stating the difference between the two, here are some names that will give an insight into the terms. Some of the most reputed public universities in the world are University of California, Berkeley, University of Virginia, The College of William and Mary, University of Illinois, in the US; University of Oxford, King’s College London, London School of Economics and Political Science, University of Paris, in Europe; CEIBS, Indian Institute of Technology, Jawaharlal Nehru University, Peking University, University of Tokyo, Seoul National University in Asia, and the like.
As for private colleges, the list is equally comprehensive. Stanford University, Princeton University, Cornell University, Yale University, Haverford College, Washington and Lee University, Carleton College in the US; University of Buckingham, Regent’s College, Frankfurt School of Finance and Management in Europe; Pohang University of Science and Technology, Osaka University of Commerce, in Asia among others.
While most of them offer specialized degrees, there are indeed some things which make them stand apart from each other. There are pros and cons for both. Here are some of them:
Google the topic and the first and foremost difference stated is in the funding. Public universities are funded by respective state governments and private universities are not. The latter get money from tuition fee, business houses and alumni.
That’s also one reason why private universities value their alumni so much more. Since expenses are borne by governments for public universities, the students can expect a subsidized fee structure.
However, some universities in the US may charge less from local students alone, and the same privilege may not be extended to students coming in from outside the particular state.
State funded universities generally have more programs to offer than a private university, at least a majority of them. That may have something to do with the number of scholars these can accommodate.
To give a rough figure, the former can accommodate as many as 40,000 students at a time (University of Washington had more than 44,000 students in 2014), while the latter can have somewhere around 20,000 (Harvard University had about 21,000overall student strength in 2014).
The huge student population comes in looking for various programs which they can find easily in a bigger set up. The number of programs offered is enough to satiate them.
A private college on the other hand, can offer a limited number of programs, but it has the advantage of paying extensive and exclusive attention owing to the limited number. Some of the private colleges may or may not offer a comprehensive, postgraduate study program. A public university on the other hand can offer options in this space, but you will have to check if the program fulfills your expectations of quality and content.
A public university has a huge class size and there are less chances of knowing all fellow students personally or even by name. On the other hand, space constraint could be one of the reasons why class sizes are smaller in a private set up.
But, for the same reason, one can expect more personalized attention from the faculty, along with better interaction and bonding with fellow classmates. It’s a ‘close-knit community’ which means better relations with the class even beyond school when they are well established in their respective fields.
One would expect diversity of students in a big public university. On the contrary, a private college with a limited student acceptability would represent more nationalities, communities and ethnicities. They have limited seats and want to showcase more geographical diversity, as against a public university which has usually more students from that particular state.
There can be no straight forward answer to this one. A private college may cost more, but there is no guarantee that it will have the best academic structure. Similarly, a public university can cost less comparatively, yet it may not have the best placement record.
The key then would be to go by other parameters.
Shortlist some of the institutes from both the segments, jot down what is important for you in terms of the department, program it offers, faculty it has, guest lecturers from the industry it attracts, alumni, and of course fee. Some of the public universities may also offer some good financial aid. You’d never know if you strike out their names from the list.
A private university can also have a good name in the industry, but it may not have the kind of program structure you are looking for. Meeting current and old students will give a better insight into the program and the university itself.
By now, you would have figured out the basic difference between the two. Now, how crucial or non-crucial it is to opt for one over the other? The reputation of a public and private university can vary from country to country. Most European and American universities wouldn’t have any such distinction. Both can rank higher or lower on their global or national rankings.
As an international student, you will be obviously shelling out a lot more than the local students. Your expenses will almost double up considering that you’d have to pay for your stay, food, transport and the like in a foreign currency.
So, do the math and see how much can you stretch yourself financially with the fee structure at both public and private colleges. You can always try for scholarships to reduce your cost of study.
Yet, focus on the program first and how it fits in to your long term plans.
– Difference between In-state vs Out-of-state Tuition