"Options in Education" is a radio program which focuses on issues and developments in education. This transcript of the show contains discussions of the guaranteed-student-loan investigation, child abuse, the Experimental and Bilingual Institute in Spanish Harlem, and learning how to tune a piano. Participants in the program include John Merrow and Wendy Blair, moderators; reporter David Ensor and witnesses at recent loan-investigation hearings; Douglas Besharov, from the National Center on Child Abuse and Neglect; Robert Sequin, of the Washington, D.C., Police Youth Division; Sue Besharov, psychiatric social worker; Vincent deFrancis, of the American Humane Association; Annette Ficker, pediatrician; James H. Lincoln, judge; Maryanne Stein, from the Child Advocacy Center in Washington, D.C.; and Rodriguez Lisboa and Santiago Villa Fanye, of the Experimental and Bilingual Institute. (JM)