POSTED: Wednesday, January 14, 2009 - 6:16pm
UPDATED: Wednesday, February 17, 2010 - 2:22pm
The economic downturn is taking a toll on private school enrollment.
Sam Govea has been the principal at cathedral high since 2002 and he admits since the economic crisis hit he's seeing fewer students roaming the halls.
"I am sure that the economy can scare come people off, you know as far as they ask can we afford to send our child to a private institution," Govea said. "So I am sure it is in the back of their minds."
Tuition at Cathedral High can run parents up to $500 a month, per child.
Govea says he has seen about a 10% drop in enrollment and that adds up to about 40 students. The loss in tuition hurt's the school's budget.
Parents from Juarez say they are feeling the crunch too. Marissa Polo has three children attending private schools in El Paso. Polo says as the Mexican Peso devalues, she ends up paying more in tuition.
"Right now, with the depreciation of the Peso, the exchange rate affects us a lot." Polo said. "I end up paying $200 more in tuition."
The principal expects another drop in students next school year but he says they'll keep their focus on education and adjust budgets where they can.