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privatization and its discontents

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A very clear rendition of the story of the privatization of US financial aid for college….

Personally, I think a topic-appropriate variation on the following paragraph, which ends the piece, could (should?) come at the end of every single piece that the NYT publishes, even though I’d change "mostly" to "sometimes" or "occasionally."

It’s a sobering lesson in the limits of capitalism. As a culture, we
praise the ability of the market to create the proper incentives and do
more good than not. And mostly that’s true. But there are some things
that are too important to entrust to the profit motive. Shouldn’t
paying for a college education be one of them?

Written by adswithoutproducts

July 30, 2007 at 10:11 am

Posted in academia, america

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