Lakewood, NJ – Sudden Financial Difficulties Might Force Elementary School To Close

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    Keter Torah, located on Apollo Drive, serves Lakewood’s sefardi communy and has 150 students in first through eighth grade.Photo: Lakewoodscoop.comLakewood, NJ – While many boys at Lakewood’s numerous elementary schools are back at their desks, students at Yeshiva Keter Torah are enjoying a few extra days of summer vacation as the yeshiva failed to open today as planned. Unexpected financial difficulties have temporary delayed the yeshiva’s opening.

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    In an interview with VIN News, Rabbi Tzvi Zev Schwartz, Menahel of Yeshiva Keter Torah, said “We hope to be opening in a few days. A meeting has been scheduled for this afternoon to figure out how to solve this problem.”

    Keter Torah, located on Apollo Drive, serves Lakewood’s sefardi communy and has 150 students in first through eighth grade.


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    14 Comments
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    Anonymous
    Anonymous
    13 years ago

    The mashgiach is acting in a interesting and unprecedented fashion.

    13 years ago

    I understand an elementary yeshiva in Toronto has delayed its opening this week too.
    “Em nayn kemach eyn Torah”

    Anonymous
    Anonymous
    13 years ago

    This building looks more like a large tool shed or warehouse than a “yeshiva” where our yinglach would study torah. There are so many of these small yeshivot which are having financial problems. Each of them has overhead costs with administrators, building costs, etc. and there could be major savings by closing the small and marginal schools and consolidating them with stronger facilities. Every rebbeleach doesn’t need to be a rosh yeshiva and every small group of yidden doesn’t need a special yeshiva that reflect its own hashkafot. It will be painful, but more closures like this one would actually be a good outcome.

    Anonymous
    Anonymous
    13 years ago

    He probably doesn’t want THOSE types (sefardim) in HIS schools just like in Emanuel.

    Anonymous
    Anonymous
    13 years ago

    Its ashame the whole story didn’t come out. It would make a lot more sense to people. Keter torah just opened a new branch in deal nj last year. They opened with primary-2nd. At the time they pretty much saw that their future in lakewood was dim since their class sizes were dwindling. This year primary only attracted 5 kids. If the sefardim would all send their children to this school, there would be a class of over 20 kids. Unfortunately, the school isn’t attracting the crowd. For them to open in deal was only putting an extra financial burden on them. However, if s/o else would have opened up the school in deal, they would probably end up with nothing since many of the boys are from deal. Now he leaves the lakewood parents to look for a school while he takes his deal crowd with him to deal. He also forces many lakewood parents to send their children to deal since schools are already opened and busting. Looking at the situation, he still continues the deal school, has a huge property in lakewood and continues his lakewood high school. So with the extra details, a lot more is uncovered.

    OyGevald
    OyGevald
    13 years ago

    In Lakewood, this has a familiar ring to it. Seems the schools play this game. Forces parents to raise monies they can’t raise themselves. They’re not the first to do it there.

    kollelfaker
    kollelfaker
    13 years ago

    #4 very funny but true

    13 years ago

    Just the costs of operating the physical plant – heat, lights, water,building taxes and upkeep must be very high. To keep this school open for only 150 students is fiscal suicide. If many of the smaller schools would amalgamate, the savings would be substantial and the students would be the winners, as there may be money available for upgraded programming and other perks.

    MazelKGH
    MazelKGH
    13 years ago

    Just call it a fundraiser for Rubashkin’s lawyers and they will have the money overnight. Lakewood hasn’t had their priorities straight for quite some time now and is now paying a heavy price (as many have warned and predicted). If I mention any more details of recent events, I’m afraid that VIN will not have the courage to allow this through. I know because I remember the days of R’Aharon’s leadership. It seems that G-d does too.

    shayafromSB
    shayafromSB
    13 years ago

    Thanks to all the Ponzi Schemes and our good from mr Dweck all the sudden the Yeshivos have no money….what a shame!

    Anonymous
    Anonymous
    13 years ago

    What about the schools in monsey that did close. derech emes ateres rivka leaving many still without schools

    BinderDundat
    BinderDundat
    13 years ago

    to #12 , its ok, schools will keep closing and the gedolim will keep saying that chas vesholom boys should work. Parents, open your eyes, get your sons educated so they can earn a living and afford to pay rent and tuition.

    expatriate
    expatriate
    13 years ago

    how right all you comments are.
    a school ought to be under the town responsibility. Yes one cant stop anyone opening a school see chazon ish. but i dont think he says you also have to pay for it.