Private schools are a discretionary item that is going to have to be ditched my many trying to avoid the much maligned public school system, where seniority is more important than teaching talent. That can only be good for our kids looking out 15-20 years….

What you see here will be repeated in our universities – as we’ve noted many times. I am working on a piece on that end as many articles have come up of late showing the struggles finally hitting that area of life. Eventually, they too have to face reality and cannot charge parents 8-11% annual tuition increases in a 3% wage increase country.

Trinity Episcopal School survived Hurricane Ike last fall. But then another storm hit — the economy. The Galveston, Texas, school, where tuition is between $5,000 and $8,000 a year, …