From the Indianapolis Star:
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Like Hamilton Southeastern, Indianapolis-area districts such as Carmel Clay, Center Grove and others that boomed in the 1990s and 2000s are seeing much smaller enrollment increases. Some have experienced slight declines.
The slowing enrollment growth could be due to a couple of factors: baby boomers who flocked to the suburbs in the past decade are staying put, leaving fewer homes available for young families with children, and many popular bedroom communities such as Carmel have little land left for potential housing development.
But the driving force, school officials agree, is the struggling economy and the moribund housing market. New housing construction is down throughout the area, and many families are finding it hard to get mortgages.
The trend could be a boon to students because it gives districts some breathing room to focus on curriculum instead of construction. It also could be good news for taxpayers because schools won't be asking them to shell out extra money for construction projects.
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http://www.indystar.com/article/20120423/LOCAL/204230317
