Although Hasidim are often reputed as being successful businessmen and real estate developers, these success stories make up only a small minority of the Hasidic population.
According to the UJA Community Study, 43% of Hasidic families qualify as poor and an additional 16% qualify as near poor. The UJA attributed these high rates of poverty to inadequate education.
The majority of Hasidic community members are suffering and are not well off at all, largely as a result of their lack of education. Clearly, Hasidim do need an education and they are doing very poorly without it.