To clarify,
Yeshivos have made it clear that they cannot or will not significantly decrease their operating expense (or even hold the line). Barring a suddence resurgence in fundraising or a dramatic increase in the income base of tuition paying parents, I doubt that scholarship money will increase as quickly as the need for it increases. In the near-term cognizant families will be looking at ways to reduce their tuition burden.
The public option is one that by and large is not considered, but I have heard the other option considered – IMHO another example of misplaced priorities.