In this week's episode of Oh, Megan!, Megan doesn't do her homework and must face the music. Co-starring Matthew Yglesias as the Professor.
Matthew Yglesias: It would be a great idea for the government to cut out the middle man and make more direct student loans.
Megan McArdle: The government is not a bank. Starting a bank is very expensive, so banks should make student loans, not the government.
Commenter: The government already makes student loans.
Megan McArdle: "Yes, I'm aware the government makes direct loans. I'm sure it's lovely. I just don't think it will be particularly cheap to expand."
Wrong, elitist and snide. A trifecta!