Thursday, October 19, 2006

SHARP DECLINE IN BOCA STUDENT ENROLLMENT IMPACTS COMMUNITY

Palm Beach County is experiencing a decline in student enrollment, and Boca even moreso, according to a recent district report. Housing affordability is mentioned as one possible reason. Hurricanes also may have played a role in families moving out of state. Lower cost-of-living and more job opportunity in other states may be a factor for families who have sold their homes and moved elsewhere. One benefit is smaller classes.

Less students means fewer dollars for the district and therefore, cuts in county programs.
A large percentage of new enrollments are children of baby boomers who want to retire in Boca Raton.

2 comments:

Anonymous said...

The housing market as the bubble popped and is my home no longer worth what I have in it.I know my monthly payment is way to high.Anyone else feel this way ?hosuing

Anonymous said...

TO anonymous:

See if you can refinance. The housing market is cyclical, and by the time you want to sell, it may again reach, or even surpass, the value you felt you had in it previously. Hang in there. It would seem that if you were able to afford the housing payment before that you still can. Be patient and perhaps prices will swing back up in due time.

MARILYN FARBER JACOBS