Originally Posted by passthepotatoes
What state are you talking about? Typically homeschools are allowed to grant diplomas. And, in higher regulation states there is also the option to work with an online or umbrella school to get an accredited transcript. There are many, many homeschoolers who have been graduated high school by their parents and have entered highly selective colleges on parent issued diplomas.

This is what I've seen locally too. Especially if you have a kid who has no problem testing well on a format like the SAT or ACT and has a rich resume with many activities/experiences. Parents definitely need to be on top of maintaining a "transcript" and enrolling in some structured classes can help.