The West Orange Cooperative Yeshiva achieved an incredible goal of enticing the local yeshivot to match and even beat our tuition rates for many West Orange students this year. This is a wonderful accomplishment and really why we began this endeavor.
Based on this information which came from some of our student body as well as other prospective families, it became clear that there was minimal need for us to continue. More and more families that were interested in our school started signing at wonderfully reduced tuition rates that they were not offered in the past. In lieu of this, we will not be opening this year and fully expect the tuition assistance to continue in the future.
We are very thankful to our local yeshivot for recognizing the tuition crisis and reacting in a way that helps the community at large
.While is is quite nice for the parents who wanted to only pay $XXXX, that they are now able to pay $XXXX (for school year 2011-2012) in the school of their choice, such cannot be why a school is organized. And what of minimal need? These are kindergarten students; students with 12 more years of schooling ahead of them. Are the established schools going to continue to offer reduced tuition for many years to come when there is no competition, and no real threat of competition because they can now call the parents' bluff?