Chancellor Joel Klein says that New York City's best principals will get up to $75,000 in bonus pay if they agree to work for three years with a principal-in-training in a failing school. In addition to opening a leadership academy for new principals [see http://www.nytimes.com/2002/12/11/education/11UNIO.html], Klein also plans to remove the 50 lowest performing school leaders by documenting "persistent educational failure." The intent of Klein's overhaul is to "infuse the ranks of New York's principals with new blood, put the most experienced administrators where they are most needed, and weed out those who preside over schools plagued by low test scores, poor discipline and other problems." "Plan to lure top principals to bad schools," by Abby Goodnough, The New York Times, December 12, 2002
