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Think about it: What is socialism? It's collectively funding or working on things via the government. There's many competing definitions but that's basically all there is to it.
Under that definition we're already living under socialism:
With socialism the people get a say in how such things are run. In private institutions they don't. That's the biggest realistic difference.
Either way people are still paying for these things. If they're not really competitive then private industry will fleece the masses because that's what capitalism encourages (see: Healthcare). If there's a robust, competitive market then socialism can fall behind in things like innovation and price.
Whether or not something is funded-and-run by the government is irrelevant. What matters is the value. If government can provide a better value for a dollar than private industry it should. If the people don't like the result they can change it or use a private alternative.
Sure, they'll be paying extra (on top of taxes) for the private alternative but at least it's an option. If the government isn't providing an alternative to private institutions then there's really no option at all. Best anyone can do is vote with their wallet but as we can all see that just doesn't work in certain industries (in fact, entire caregories of need!) and services.
Not to mention bank and corporate bailouts. Socialism for the rich, harsh darwinism for the poor.
Republicans hate all of those but thr police and military