School Enrolment an Indication of Intensity of Foreclosure Crisis

Posted on November 21, 2008
Filed Under Foreclosure Homes | Leave a Comment

It is difficult to follow the migration of population following the foreclosure tidal wave. But school enrolment figures indicate the intensity of the crisis and point to the direction of population movement.

Bay Area counties like Santa Clara, Alameda and Contra Costa have seen modest increases in number of students during previous three years according to the state’s Department of Education. But there has been a decline in numbers along Highway 99 belt, running from Bakersfield to Sacramento, since the last two or three years. During the housing boom people took easy mortgage money to own houses and commute to work. But with the collapse of the dubitable mortgages the people after facing foreclosure eviction moved closer to places of work instead of commuting. The fuel crisis and inflation also led to these migrations from one area to another.

Out of 26 districts, 23 showed lesser number of student enrolment for the school year of 2008-2009. It is a hard blow to localities that had been prospering and booming for quite some time. The chunk of funding for public schools relates to attendance figures. This decrease in numbers has led to fall in funds.

The schools do not keep records of where the students go to when they drop out. But some trace can be made when other districts ask for transfer related academic files. From this it seems there has been a modest rise in numbers in San Jose, San Leandro and Hayward. The localities recording the highest number of abandonment are the subdivisions that are relatively new like Village I (north east Modesto) and Rancho Encantado (south Modesto) among many others. It seems that people are continuing to stay in the more established neighbourhoods despite hardships. The foreclosure crisis seems to have benefited schools in Ceres. Many from Modesto and Salida have joined schools in Ceres. In Ceres the rent is affordable. Many are living with friends and relatives cramping up and roughing it out in single houses.

Many of the families who are leaving the state because of the ongoing foreclosure related crisis are going to Texas, Washington and Mexico.

Those who work as liaison personnel are working overtime. The worst affected by the foreclosure crisis are the families with small children. Many families moved to these new developing regions so that they could have babies. Now all that has soured.

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