The article explains that the crisis comes mostly from the cuts in government funding. One of the biggest issues relates to the core curriculum. The government is refusing to fund any school that does not adhere to a core curriculum (e.g. English, math, science, etc.). The Charedi schools absolutely refuse. The Charedi schools also have a much longer school day then regular schools and again the government does not want to pay.
Basically the Charedim want to have their cake and eat it. On one hand, they want to have complete freedom to do whatever they want, including curriculum, hours, etc. and on the other hand they want the government to fully fund them. They should have seen this coming. I for one, am surprised at how long the government funded Charedi schools that teach no secular studies.
In every other country in the world the Charedi schools teach the core government curriculum in addition to whatever they want and no one complains and the students don't seem to be affected negatively.
The question now is how will the Charedi world react.
With new elections coming soon, the Charedi parties are going to try to get all this money back in return for joining the government. Depending on the election results this may or may not work.