Another Foster Child of the Housing Market

Every day, 480,000 school buses carry 26 million children to school and school-related activities. School Transportation News tells since 2006, the manufacture of school buses has declined 37 percent. School funding is tied to property taxes. As homes are abandoned and property values fall, tax collections decline, which tightens school budgets. The majority of buses go to school bus operators based on orders from school districts. Last year 30,304 school bus units were produced, the lowest numbers since the 1980’s. If we think the educational system is faltering now, what happens if kids cannot get to school?

(Photo credit: SchoolTransportationNews)

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