A new study released by University of Toronto researchers Seerat Gill, Elizabeth Buckner, and Glen A Jones examines the “rise and fall” of public college-private partnerships (PCPPs) in Ontario. The authors examine the role of colleges in the province and the history of PCPPs since their creation in the early 2000s. They note that despite recent declines in domestic students, international enrolment at PCPPs grew nearly seven times from 2019 to 2023–2024, reaching approximately 57,000 enrollees. The authors conclude that low risks for both public and private partners resulted in moral hazard, and that the Government of Ontario Ministry of Colleges and Universities had little incentive to intervene as the partnerships reduced the need for provincial funding.