Our town’s education budget (which is middle of the road) is such that the annual per pupil cost is $14,000…..
Also, when a Yeshiva buys or builds a school they need to raise all the money to cover the cost. Our state reimburses municipalities about 50% of the cost of new school construction.
So the actual public school cost per student is more than $14,000, it’s just partially covered by the state.
Having been on the board of three different day schools/yeshivos, I can state that the tuition does not cover the per student cost. It is necessary to constantly fund-raise to cover overhead and improvements.
I’ve been told that by administrators and board members from NYC yeshivos as well.
Thank you for a very informative post.