Public universities are the main field of higher education in our country. As the public universities of Bangladesh failed to educate the increasing number of students private universities emerged. But most of the private universities are established on merely commercial thinking. Instead of offering quality education some private universities have become the vendor of certificate. So it is a matter of great thinking how our private universities can contribute positively to build an educated and skilled human resourceful society. In the same time failure of public universities should be identified and proper steps should be taken to remove it.