Equity Project Charter School's $125,000 Teacher Paychecks Featured On '60 Minutes'

03/11/2011 03:04 pm ET | Updated May 25, 2011

At The Equity Project Charter School in New York City, teachers are taking home incredible $125,000 salaries, CBS reports.

The number is shocking in a nation where public school teachers make as little as $35,000 a year in some states.

Katie Couric interviewed Equity Project founder Zeke Vanderhoek for an upcoming episode of "60 Minutes."

The full episode will air Sunday, March 13 on CBS.


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