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Drawing on surveys of teacher-trainees, trainers, and higher education administrators in Cambodia, this paper explores complex inter-relationships among private-public provision and funding of teacher education and public-private employment of trained teachers. Since the Khmer Rouge, Cambodia has been challenged to develop a strong teaching corps. Salaries are low; many well-qualified candidates seek employment elsewhere. Initial results suggest that school teaching, especially in public schools is a relatively undesirable option for those with means and alternatives. Substantial public resources go toward preparation of teachers who will end up outside public schools, employed by private schools or outside the education sector. Still, the system relies heavily on private resources to operate, with different costs and outcomes for different groups of students.