Who is fooling who?
1. The mental health industry has been shrinking (no pun intended) for decades in part due to medications and fix all drugs (Prozac etc.) which you can get from your primary MD. Do you think they want to jump in and shut everything down? No way, they want oversight, to put there controls in, do control studies, look at how many kids do well how many fail. Improve the system and create jobs for their field.
2. The government on the other hand isn?t going to get involved to shut things down either. That has never happened once (look at smoking) They want regulation they want a piece of it. They aren?t going to spend tax payers dollars to shut things down. The parents will send their kids off shore.
3. These private schools couldn?t get a loan from a bank to by a paint brush. It is all private money. The banks dont want to get involved because it is too risky, someone could sue and shut the whole school down. So once the feds regulate and put the "Good housekeeping seal" on some of these places, the banks will get loan guarantees and start lending these schools money so they can expand.
4. If the Feds guarantee the loans they are going to want the schools to accept low income kids.
5. If the feds and mental health people see a benefit after monitoring these schools for a few years BCBS and other insurers and the like will be forced to consider paying a portion if deemed necessary by a school or doctor.
6. The more schools that open the lower the price will get and the more affordable it will become for middle income families (thats the target audience) Right now there is a need but the private schools are too expensive for most.
7. Some of the lower end schools like I have heard about str8, seed etc. will probably go under and some of the higher end school will have to offer something special to stay in buisness but the majority will grow and thrive.
8. If people are mortgaging their houses and future to purchase somethign and it continues to grow the government is going to step in and try to get their shre thru regulation etc.
Do you really think all this is happening so they can shut an industry down?
How many think the teen help industry will be gone in 10 years, raise your hands....
