Reply To: Budget Crisis! Bais Yaakov of Boro Park Cannot Open Yet This Year

Home Forums Yeshiva / School / College / Education Issues Budget Crisis! Bais Yaakov of Boro Park Cannot Open Yet This Year Reply To: Budget Crisis! Bais Yaakov of Boro Park Cannot Open Yet This Year

#658146
artchill
Participant

Perhaps you didn’t understand what I wrote. **EDITED**

Tuition expenses is the amount needed to pay the teachers (let’s say a fifth grader) divided by the amount of children in the class.

Building Funds are expenses spread evenly throughout parent body for the span of elementary school. 600K mortgage divided among 250 parents divided into ten years.

Tuition does not come close to 12K per child. That is a purely fictional figure made up arbitrarily by the board and administration as a tool to say, “Hey tough guy, if you want to show you’re a somebody, pay this”. This is not Chas V’Shalom something any principal or tuition committee can use to deny access to a child. Every school has a few parents that are still employed and could afford.If every parent were to pay a building fund and bare bones tuition there WILL be ample cash on hand to keep the school afloat.

Unless, the school wilfully commits suicide and gambles everything away by expanding buildings with no cash in hand. BYOBP gambled and hoped to embarrass people into stepping up, but lost this time.