I think that djinn is already out of the bottle, relishing the liberty to flex its powers, and nowhere near ready to docilely embrace slavery. Home schoolers are still, last I checked, well-organized, and fanatical in defense of their liberties. It's one of those "under-the-radar" liberty movements that the tyrants ignored too long, to their current chagrin.
I saw a report on TV the other night, and homeschooling is not only growing explosively, but it seems to be defeating most roadblocks, legal and otherwise, that the NEA consortium is throwing in its path.