Yeshiva Price Wars – (thank you to the Contributor for this)
Bad for education but good for parents it appears Westchester Torah Academy has started a Yeshiva price war.
A competing Yeshiva is currently offering parents 2019-2020 tuition for grades Pre-K and lower at roughly 10% less than WTA’s 2018-2019 tuition. The caveat is the reduced rates are currently being offered to parents who enroll their children before the end of May 2019.WTA has yet to respond still showing 2018-2019 rates on their website.The competing Yeshiva also requires students be immunized if not claiming religious exemptions.WESTCHESTER DAY SCHOOLClaimed Exemptionspercent medical exemptions 0percent religious exemptions 0.63Immunizationspercent immunized polio 99.4percent immunized measles 99.4percent immunized mumps 99.4percent immunized rubella 99.4percent immunized diphtheria 99.4percent immunized hepatitisb 99.4percent immunized varicella 99.4percent completely immunized 99.4Will be interesting to see how all this plays out with WDS now having to offer the same quality care/education the are known for but at lower prices vs Mark Nordlicht’s educational model that he stated as:“Let’s start with what can the community afford and then figure out how we can offer the most within that budget.”WTA currently loses $500K a year with the deficit made up by donations. If Nordlicht loses his current criminal case and subsequent SEC case, there is a good chance WTA will lose a good portion of their donations.
Now potentially having to lower tuition it just puts that much more of a strain the WTA’s limited finances.