The decline in the number of student’s attending private schools is becoming to be noticed. Students began to leave private schools and parents are transferring them to public schools because of the evident financial crisis. This year, the expected decline in enrollee’s estimated to be higher than 25 % in primary grades and 15 % in intermediate grades. The mere fact that not every child enrolled in private schools comes from elite rich families but mostly are parents working hard enough to give their children the best education ever that is through private schools.

Considering the fact that most children are enrolled in private schools, an example is Greece which has an approximately 95, 000 student attendance in 500 private schools and only few are considered on the elite category which can afford to send their children even with high fees. These would bring catastrophe to mostly 500 private schools as regards to the student attendance. Many schools will be closed and teachers will lose their respective jobs.

Private schools provide the best education for students but at the price of expensiveness, parents will be forced to send their children at public educational institutions. The best solution that private schools should employ is lowering respective tuition fees so that all families will be able to send their children at private education. These were the words of the president of the Association of Teachers in Private Schools Michalis Kurutos. He said that private school owners should not consider it as business but a nucleus in building the nation’s wealth.

Another option is to let kids study online. This would cut back the expenses on commuting, books and school materials. Online education is right for tight budgeting in this recession period. It also opens the option of studying anywhere not only in Greece which can be considered as studying internationally.