Yeshivah Keter Torah in Lakewood To Close Due To Financial Crisis

August 25, 2010

Lakewood, NJ – Yeshivah Keter Torah will not be opening this school year due to the financial crisis. The Yeshivah, under the leadership of Rabbi Dabbah Shlita, has notified their Rabbeim late last night, that the school – with approximately 150 students – will not be reopening this school year.

Yesterday, Rabbeim who were not paid in several months, went to the Mashgiach Reb Matisyahu Solomon Shlita who advised the school not to reopen, unless a financial plan was in place.

A similar reccomendation was made by the Mashgiach to Bais Hatorah.

One of the options being discussed at this time, is to move the school to Deal, joining the existing Keter there.

The other option explored, is finding a new donor to carry school.

Last August, the Yeshiva’s plans to move it’s 4th through 8th grades over from Lakewood to Deal upon the request of Deal community leaders-including Rabbi Diomond Shlita – was stopped, after parents complained about the commute.

This is the third elementary school to close in under 7 months, due to financial difficulties.

[LakewoodScoop]

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