What happens if a foreclosure forces a family to move out of a school district? Well, in some school districts it means that the children attending the school have to leave as well.
In fact, parents who still live in the districts are calling school officials to tip them off when a foreclosure happens in their neighborhoods. And school districts are starting to hire private investigators to find out if kids still live in the school districts they started in. The Wall Street Journal reports on this foreclosure related trend:
"Foreclosure rates are up. Displacement is up. People are becoming
homeless," says William Beitler, a private investigator specializing in
address verification for school districts in the Chicago area. Mr.
Beitler says he has contracts with 32 districts, up from 23 last year,
and his caseload has increased to 7,000 from 3,000. He claims he will
save districts a total of $12.2 million next year through removing
students.
Foreclosure affects everyone — not just mom and dad. And this new trend is likely to produce some troubled children who experience the upheavals of being forced to move out of their home, on top of being forced out of their school and away from their friends.
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