Saturday, April 01, 2006
From the Jewish Week...
For those not entirely sold on the idea — and even for those who are — the spiraling cost of a day school education is a major barrier [to day school attendance]. Potential antidotes to the so-called “tuition crisis” such as grandparent involvement and low-interest financing were the topics of several sessions at the assembly.
[snip]
During a symposium called “Grandparents: An Essential Element of Day School Life,” Jewish school professionals shared strategies to have grandparents help cover tuition.
Bruce Powell, the founding head of school at the New Community Jewish High School of Los Angeles, said it is unfortunate when parents apply for financial assistance from schools in lieu of asking grandparents to chip in.
“They’d rather ask a stranger,” Powell said at the forum. “They’d rather ask Mr. Farber and Mr. Masor on the board than ask their own parents. I have one word for that — obscene.”
[snip]
In another, Jewish Family & Life! CEO Yossi Abramowitz unveiled a financial model that would enable day school parents to borrow up to $80,000 annually to cover tuition and school expenses. Philanthropists, federations, foundations and funds from the State of Israel would help offset the interest and perhaps some of the principal on the 20-year loans.
(emph. added)
So, let me get this straight. They want parents to borrow $80,000 for 12 years to send their kids to day school, then the colleges want them to borrow another few tens of thousands of dollars for four year college, and, just in time to pay off those loans, they'll hit up the same people for money for their grandchildrens' day school tuition.
I can just see the 2050 PEJE conference: With all Jewish parents and grandparents who are committed to Jewish education in massive debt, the time has come to start asking great-grandparents to chip in to their great-grandchildrens' education. Uh... היש לדבר סוף?
Technorati tags: Jewish+day+schools, tuition
In general: The proposal, assuming it could work at all, would only help kids whose grandparents have saved up enough money for retirement plus multiple tuitions. Maybe we should deal with the rich Jew stereotype by occasionally reminding ourselves that it's not true.
Couldn't we put some more effort into seeking out philanthropic support for scholarships? Or something?
By the way, in fairness, the conference did also announce a $26 million big-donor philanthropic program. One part I did not quote referred to a program that was not implemented: a national endowment for Jewish day school tuition.
I'd imagine the higher number is the cost of sending a number of children to day school at once.
I know my day school deliberately kept their cost as low as possible to enable as many people as possible to afford it -- but this kept them from being able to afford teachers who actually shared the school's ideology, while still being a good deal more expensive than public school. I respect that they tried, though.
Fortunately, public college costs about half of day school and yeshiva, and most parents are relieved when their kids finally go to college.
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