There is a rapid increase in demand for education across the country. Consequently, the trend of educating children in private sector schools is expanding. This article provides an overview of the teachers of private and public schools regarding commercialization of education at elementary level. A self-developed questionnaire was followed for data collection. No significant difference was found in the perceptions of both sectors teachers regarding positive attitude of parents towards private sector, high socio economic status of private sector students and low and high emphasis of commercialization of education in rural and urban areas respectively. Public school teachers views for acceptability of fee structure and promotion of quality of education for commercialization of education are significantly more positive than private school teachers. It is recommended that government should develop proper mechanism to regulate the private sector in the area of fee structure, overall quality of education and affordable for everyone.