The privatization of certain industries in the attempt to make them more “efficient” and “profitable” for the public often creates a situation where the profit yielded from such shift in market capital provides gains for only the power elite; ultimately at the expense of the public interest. The sustainability of the ongoing privatization of higher public education in America is skeptical. With such educational institutions stuck in the cyclical cycle of trying to cope with the long-term tuition bubble that privatization has created for them, colleges are essentially stuck in a “zero-sum” game while student loan institutions like Sallie Mae profit immensely at the exploitation of such situation. Ultimately, privatization seems to yield only positive gains for a select few while conversely affecting the public negatively.
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