I have talked a hole in the ozone about the theoretical approaches to privatization, higher education, and inequality. Gaye Tuchman and I took up some preliminary work on a synthesized framework for these concerns. The chapter is forthcoming from Wiley press this year. This working draft conceptualizes rationalization in higher education as a means-end schema and bureaucratic organization of authority and status with for-profit and not-for-profit universities along a spectrum. This framing opens up broader interrogations of what a rationalized university means for students, faculty, and publics.