They’re a pretty good option for those parents living in an area where they do not trust the local district and cannot afford private school for their kids.

What has always amazed me about charter schools in New Jersey, though, is how they are placed so far behind the starting line and yet still achieve the success that they achieve. Alexis King, the founder and lead person of Hope Academy Charter School in Asbury Park, puts it best in a recent op-ed:

The original New Jersey law called for charter public schools to receive 90 percent of funding for each child in a traditional district school. This has not happened across the board. Statewide in New Jersey’s 62 charter public schools, children are funded on average at 78 percent and in some schools as low as 65 percent of district school funding.

But for Hope Academy, where we teach children in kindergarten through eighth grade, the state has reduced funding in the proposed state budget from about $14,000 per child this year to less than $12,000, even though it provides nearly $26,000 per child in Asbury Park’s district schools. So for us the ratio is now less than 50 percent and barely half of what the original charter school law says our children should have.

There are a few different things going on here. First, I’d prefer to leave the conversation about whether or not more money should be spent on urban students than suburban students. To a large degree, I think the answer is clearly “no,” but such a simplistic response doesn’t take into account all of the complexities of the current school funding formula.

Second, and more importantly and germane to this conversation, is the fact that a quality school like Hope Academy is getting their funding cut to such a dramatic degree. Unreal. It’s hard to imagine that this is allowed to take place in a state that is so liberal that it’s supreme court has suggested that each student has a right to an equal education (where is that in the Constitution again?). For such a progressive state, this is shocking.

This conversation, though, will likely be overshadowed by the fact that the entire school funding formula has been the focus of debate. Personally, I think the entire school funding formula needs radical change from the bottom up.

Admissions officers nationwide point to several possible reasons for the drop in applications. Some students have pared their college lists this year. Many more are looking at less-expensive state universities. Many institutions accepted more students under binding early-decision programs, and each such acceptance drains off an average of 8 to 10 regular-decision applications. And some experts suspect that students are delaying their college plans.

I hope that the last sentence here is somewhat correct. I wrote last April about an article talking about how more students are deciding to take time off in-between high school and college. The suggestion above by the New York Times might be the proof to the previous article.

Many students would be much better served by taking this time off and getting an internship or an entry-level job somewhere. So long as high school graduates do not begin to get themselves into a mountain of debt, the option to apply to college and begin a more rigorous study is always available. Now, of course it would not be a good idea to prolong the college activities for too long. But if high school graduates are beginning to think about alternatives to the quick entrance into college, then I think that can only be a good thing.

Besides giving the students a bit more of a real world view on issues (which is often lacking in the academy), the decline in students who immediately enter college could put colleges in a new position where they have to prove the value of their education. In other words, colleges might be put in a position to have to show how each dollar spent by a student (or his/her family) can translate into real dollars earned post-graduation.

Some forward-thinking departments at the local college are already putting these facts out there – or at least trying to generate the right numbers to put out to the public. Talk about a powerful piece of information for the college applicant. Imagine being able to look at a variety of business schools and choose from the ones that have a proven track record of creating the highest paid executives? There’s some education reform that everyone can believe in…