Higher education has been witnessing major transformations and facing enormous challenges worldwide in recent years. The role of higher education in today's world is immense, complex, and vital. A wide range of challenges and possibilities are emerging, with political, economic and social implications. This study aims to explore the perception of students and teachers regarding future perspectives of higher education in Pakistan. Questionnaire was used as research tool. Three public sector universities were included as population. The questionnaire was administered to 298 students and 94 teachers from Bahauddin
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