The purpose of the research is to explain the role of private universities (established by Law No. 101 of 1992, as amended by Law No. 12 of 2009 in the matter of private universities) in solving the problems facing the higher education system and thus achieving the objectives of sustainable development in Egypt through strategic planning of financial policies supporting private universities in Egypt. The research sought to answer the main question: To what extent can the financial policies supporting private universities develop the higher education system and thus achieve the goals of sustainable development in Egypt? The researcher used a number of methodologies such as the descriptive approach,The case study method was used to describe the reality of the higher education system and sustainable development in Egypt and the analytical methodology of historical data to deal with the development of private universities in Egypt as well as the development of the concept of sustainable development globally and locally, as well as the role of private universities in solving the problems of the higher education system and achieving the goals of sustainable development in Egypt. A number of interviews were conducted based on questions derived from the axes of sustainable development: Egypt's Vision 2030 with the university education officials of the Ministry of Higher Education. The researcher reached a number of results, the most important of which is that private universities can overcome all problems of university education in Egypt, In order to do so as a result of several reasons, most notably the lack of vision and financial policies planned by the State to support the establishment of such universities and therefore the establishment of these universities comes randomly and according to the wishes of the service provider without the State has no role but to approve the request for construction provided by the parties wishing to Willing private universities, and the current study recommended that there should be a strategic planning and financial policies in support of private universities to be established.