The Speech 2
To illustrate the harmlessness of his public option, the president promised it would add choice in "the same way public colleges and universities" do. Public colleges and universities accommodate more than 80% of America's full and part-time students and collect more than 60% of all tuition dollars. The private system may be vibrant, but it is also marginal.
To illustrate just the harmlessness of his public option, the president promised it would add choice in "the same way public colleges and universities provide additional choice and competition to students without in any way inhibiting a vibrant system of private colleges and universities." I just looked it up: Public colleges and universities accommodate more than 80% of America's full and part-time students and collect more than 60% of all tuition dollars. The private system may be vibrant, but it is also marginal. Or maybe that's exactly what the president has in mind for private health insurance?