What would you do for $125,000?
This article from today's New York Times features a charter school in New York City that will pay teachers $125,000 a year, testing the theory that having a great teacher in every classroom is more important than anything else, and that truly competitive salaries will attract great teachers. Making the structure even more radical: The school's principal will start out earning just $90,000. For the school to afford the salaries, classes will have 30 kids apiece, teachers will work longer days and have responsibilities outside the classroom, and there will be fewer social supports.
Want to apply? The Web site for the school, called The Equity Project Charter, is here.