Education Is an Important Vehicle of Indian Economy and One of the Most Important Needs of Human Beings. All Developing Countries Are Under Great Pressure to Minimize the Public Expending on Higher Education. the Main Function of Higher Education Is to Add Real Value to Human Resources and Produce Wealth Creators and Leaders In All Fields Like Business, Professions, Politics, Administration Etc. In This Paper Researcher Wants to Explore the Positive and Negative Effective Effects of Privatization In Higher Education In India. This Paper Is Based on Secondary Data, But Somewhere We Have Taken Interviews With Educationists and Professionals and Also Done Survey to Know the Actual Status of It.