1. But they are privately owned so their primary obligation should be to act in a way that they believe benefits the university and complies with the law. 2. M

1. But they are privately owned so their primary obligation should be to act in a way that they believe benefits the university and complies with the law. 2. My answer to your question is yes, but specifically in the case of Universities, doubly so. The value of the University is highly dependent on the quality of the students.