Is privatization of universities helpful?

From recent years privatization of the government institutes has become a major issue in the country. Actually according to me the answer to the question that why government is selling its assets is that the government is unable to run these institutes successfully. Another major reason is that government has no proper rules and regulations, no criteria and fewer resources to run it. So, more and more government institutes are privatizing. One of the most familiar examples of this is Forman Christian College Lahore. On the other hand I think the privatization of the universities has both strengths and weaknesses in a way like government universities are very easy to afford for both lower and upper class but private universities are not easy to afford. But from other prospective private universities are considered to be far better in education standard as its course material is considered equivalent to the international standard. No doubt that it is better for all the universities privatized recently to run publicly, but with meeting all the international standards. But if it is not possible for the government to do so than these universities should be privatized to give better education to the students because these students are the future of Pakistan and if they are successful than they are the one who are going to lead the country to its success.