If the private alternative offering of education cannot be done profitably, then it is not the answer. Any economic activity as substantial as education is, as part of our gross domestic product, as a building block of the rest of our society, must be delivered in an economically sensible, profitable way. If it can't be done that way, then it shouldn't be delivered. We have to find out what that way is. We need absolutely good management.
Education is first, last, and always, a business.
If it's run like a business, it can be done profitably. I hire engineers and technicians and specialists to do things in my company that I can't do. Education is the same way. We hire people who are very good at what they do. But to expect them to be businesspersons at the same time is ludicrous.