Well, the question is really how bad the government run agency is at cost control. Some of them are dangerously bad. Many education administrations waste lots o

Well, the question is really how bad the government run agency is at cost control. Some of them are dangerously bad. Many education administrations waste lots of money on administration, to the detriment of actual education. Many education administrations are run by someone doing a resume-padding exercise. Just because the short-term profit isn't in the company's results doesn't mean no one is taking advantage. It's usually easy to bring in someone profit-oriented and cut those costs. The bad news is that this doesn't magically make the education provided any better. The principal-agent problem goes deep.