Thursday, August 04, 2011
Two More School Closings
There is something terribly sad about schools closing so close to the upcoming school year. My heart goes out to the parents and student who must now regroup so unexpectedly.
Bat Torah Girls High School of New Jersey announced they will not be reopening their doors this fall. As per the article, the scales were tipped when a few students moved schools.
The Twin Cities Chabad boys high school that reported financial troubles, one issue being that not one student paid full tuition. The school just announced that they will not be reopening in September, but they are planning a campaign with hopes to reopen in 2012. This past school year, there was only one student paying the full fare of $19K, which includes room and board.
There isn't much economic commentary to offer that hasn't already been offered. Smaller schools are particularly vulnerable to even the loss of a few students. The institution(s) in smaller communities are particularly vulnerable as a whole to losing even a few students.