The privatization of education has become an important phenomenon in the Kurdistan Region’s education sector for the past two decades, and therefore; establishing its status in the region. Education experts argue that the absence of a strong public education system has led to the rapid rise of privatization of education, especially in developing countries. As a basic right of the modern society, a strong and successful education system is one that targets the majority of the society or as known, “education for all”. However, it is obvious that the private sector can only target a small portion, and leave behind the majority of children in a community. If the rapid establishment of private schools continues at the current rate, it is expected that a split in society is likely a consequence. Recently, researchers have started to conduct empirical research on the rise of education privatization in Kurdistan Region of Iraq (KRI), but little has been written on harmful effects of this privatization. As such, a local perspective of the possible harmful effects of privatizing the education sector is important to be addressed in the literature. This qualitative inquiry explores the possible harmful effects of education privatization and how can the harmful effects of privatization be mitigated. It is hoped that the outcome of this study will help the Kurdistan’s Ministry of Education, policy makers, education advisors to construct a clear plan, and see where private schools are heading, and how they should fit into the education system.