Reply To: Bais Yaakov Boro Park Tuition Crisis

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#694843
bpt
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I was right. This WAS discussed last year. There was a thread that clocked almost 400 posts.

Here was one of mine. It dealt with the numbers that BYs own Rabbi Shapiro provided to Hamodia. As you can see, there is plenty of income; just plenty more overhead / expenses.

Tell me why a school needs staff / student ratio of 1:5

And 5townsmommy – living in the 5 towns, you cannot even imagine what we Brooklyn people go thru. Not all of us live on Beford and I. Tuition in your neighborhood is high? Rightfuly so.

(From last year’s thread)

this was the math I came up with over the weekend:

This is based on comments from R’ Shapiro’s interview in Hamodia’s weekend edition: Staff is about 400 people, figure about $3,000,000

Tution roll of aproximatly $8,000,000 (2000 students @ $4000)

That means there is still another 5 mil to work with. All that goes for chalk and copy paper? PLus, there was no mention about govt $ (which must surely be in the very high 6 digits). Sad fact is, no one is minding the store, becuase for SOOOO many years, there was more money coming in (a quick trip to XYZ gevir could yeild $50 grand, just for asking) so it was never a problem. Now, its a problem?

Sounds like someone is due for an audit. I’ll bet any business man or woman with 10 years experience could revamp BYOB and make it profitable. But that would require full disclosure on BY’s part… something mosdos will NEVER agree to.

And that is why the public is so sceptical and so complacent. Do they want help, or do they just want more money? We’d love to help. Money? Hmm. Not so fast