http://www.nytimes.com/2008/03/07/nyregion/07charter.html
The Equity Project, a grade 5-8 charter school based on a professional-practice model, is set to open in 2009 with starting salaries of $125,000 for teachers. The school's founder and first principal, Zeke Vanderhoek, believes that teacher quality is the most important factor in achieving educational equity for low-income students and that high salaries will attract and retain the best teachers. "I would much rather put a phenomenal, great teacher in a field with 30 kids and nothing else than take the mediocre teacher and give them half the number of students and give them all the technology in the world," said Vanderhoek, a former middle school teacher who built Manhattan GMAT, a test preparation company that pays its tutors $100 an hour, far more than the competition. Ernest Logan, president of the city principals' union, called the concept of paying the principal less than the teachers "the craziest thing I've ever heard." "If you cheapen the role of the school leader, you're going to have anarchy and chaos," he said. Applicants, who must score at the 90th percentile in the verbal section of the GRE or GMAT, will face a rigorous application process, including multiple forms of evidence attesting to their students' achievement and three live teaching auditions.
Source: New York Times (free registration required)
Date: 03/10/2008
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