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Imagine if you were a parent in Baltimore with a son about to enter high school. For the last few years you have been living way beyond your means with a German car and credit card debt. You were planning to send your kid to private school once he entered 9th grade. You were going to use some of your home equity line of credit to pay for it. Unfortunately your line of credit has been slashed since your home is no longer valued at what it was before. There is no way you can afford private school now that your wife lost her job. You may lose your job soon so public school is the ultimate value. Sure you would like to sell your house and move to the county to use that public school system, but you owe more money on your house than what it is worth and you could never sell it for a profit at this point so you are stuck.
I very much agree with Dr. Alonso's prediction of even higher city public school attendance next year. My reasons are based on the above economic realities rather than any real or perceived increase in the quality of a public school education.


