I dont get it – there is one thing that my school that I went to did which is the smartest thing I ever heard.
They basically let the parents pay whatever they can afford etc… but they still owe the rest of the balance. After their child finishes school the parent carrys on paying up the rest of the tuition at a pace they can afford. It is SO much smarter!! Coz now the school gets paid for the next 20 years – maybe small amounts but imaging 100’s or parents still paying off their kids tutition at the same amount they paid before – the school is making the money they have to and it covers the teachers salaries because the new parents who aren’t paying enough are being covered by those who are still paying up.
It is super smart – as a parent I would love to feel good that I invested in my childs tuition plus its a huge bracha to pay full tuition for your child. But honestly I cant do it – but I would for sure agree that to pay up in full in the end of the day would be something I would feel was right to do.
Schools should do this. Parents who cry and bla bla bla… if thats the schools policy and you don’t like it send ur kid elsewhere – they wont do that coz usually there’s not too many options with frum schools… after 15 years of this being implemented PROBLEM SOLVED!! they’ll carry on surviving the same way they have been for the past 50 years for 15 years only and slowly it will improve as they keep getting paid back!