Monday, March 12, 2012

BPY Announces 2012/2013 Tuition

While they haven't yet updated it on their website, Ben Porat Yosef sent out a letter last week announcing the tuition for next year.

There are no increases in tuition for any grades!

The other schools should be announcing within the next couple of weeks. Word on the street is that Yavneh will do another tiny decrease.

I think we're finally getting through to the administrators that they can't keep raising tuition & expecting the community to be able to afford it. They are starting to cut costs & it's actually making a difference. Let's keep up the pressure so they don't fall back on bad habits.

[UPDATE: Letter & fee schedule are now online.]
Posted by at 8:36 PM

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Avi's avatar

Avi · 680 weeks ago

Congratulations, BPY. It is incredibly difficult to keep revenues flat when expenses are rising. Even if you don't give a single employee a raise, fuel costs for heat/AC are up and many other costs increase at least at the rate of inflation. Now, keeping tuition costs flat would be much more powerful if the schools would commit to doing so over a defined multi-year period. It would help new parents plan properly, and might give wages a chance to catch up over time (or not. My income is moving in the wrong direction. But at least that would give wage inflation a chance.) Still, high quality private schooling is an enormously expensive service to deliver, and keeping tuition flat either means BPY is raising more money from donations or it is cutting costs. Either way, kudos.
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JS (hello)'s avatar

JS (hello) · 680 weeks ago

Definitely a step in the right direction. I wish the schools would consider doing what I friend told me his graduate school does: they keep tuition flat for the entire time you're there. So, say it's a 4 year program, all members of class of 2016 pay the same tuition every year. Class of 2017 pays a different rate every year. This way your tuition is flat the entire time so you can adequately plan.
2 replies · active 680 weeks ago
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Yeshiva_Dad's avatar - Go to profile

Yeshiva_Dad 69p · 680 weeks ago

Should they keep tuition flat from the time the first child enters until the last one graduates 15-20 years later? Dream on!
-YD
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tesyaa's avatar

tesyaa · 680 weeks ago

It would be nice if tuition for undergraduate study used the same system.
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JS (hello)'s avatar

JS (hello) · 680 weeks ago

Read what I said. This would mean Child #1 has Tuition #1 from K through 8. Child #2 has Tuition #2 from when that child enters K through 8. It's 8 years, maybe 9 if you include Pre-K.

It would greatly simplify things for parents and for the school as well. The school would know how much income each grade is producing and how much they have to work with. They only need to calculate tuition for a new entering grade since each other grade is already locked in.
1 reply · active 680 weeks ago
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Mark's avatar

Mark · 680 weeks ago

(K through 8 is 9 years)

And talk about "locked in"! Nobody would ever change schools until 9'th grade because they would lose the lock price and have to pay the new school the going rate.
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not_a_troll's avatar

not_a_troll · 680 weeks ago

Does BPY still have a raison d'etre? It seems not to push the sephardic angle anymore. Any real reason it should not close with its students being absorbed within the other schools (including Heatid)? Would seem that the school system has excess capacity, and BPY is the smallest of the legacy schools and has the least capital invested so should perhaps think of shutting down. This should have the effect of putting an additional $2-3M/year into the system as BPY's students should be able to be added without any additional admin or teacher costs.

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