unaffordable schooling

Not many homeschooling parents need to know that college is getting a lot more expensive but if you want the data, a post on Affordable Schooling is up at Credit Writedowns.  And the prognosis is grim:  

We expect the numbers to get even worse for state schools. The graph below shows that state tax appropriations per full-time equivalent student are falling. The only way for state schools to cover their budgets is to raise tuitions. Positive endowment returns would help, too. Families will likely turn more and more to student loans and other forms of debt to bridge the gap. We would tell those new freshmen to go get jobs to put themselves through school, but today’s employment picture isn’t very encouraging.

Homeschooling college is now a likely future for some if only by default. 

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