Thursday, September 24, 2009

A "public option": student lending

A public option was introduced in student lending. It is quickly becoming the only option in student lending.
By the way, public schools were once a "public option", and now it's the only option for all but the wealthy. A huge percentage of people pushing for a public option in healthcare are those most critical of our public school system. It's a wonder they haven't made the leap.
One could say something similar about the post office. For all but high end things (packages), we're stuck with the post office - an overstaffed, inefficient, and possibly overpriced institution if there ever was one.

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