Education News in Brief

Detroit Teachers Approve Contract Calling for Interest-Free Loans

By The Associated Press — January 05, 2010 1 min read
  • Save to favorites
  • Print

Detroit teachers have approved a three-year contract that includes $10,000 in interest-free loans from each educator to help the cash-strapped district save jobs.

Members of the Detroit Federation of Teachers ratified the new agreement on Dec. 19 by a vote of 3,578 to 2,031 and agreed to a $250 pretax deduction per biweekly paycheck starting this month. Once the loan is paid out, teachers will receive a 1 percent raise in the contract’s final year. Teachers will get back up to $10,000 if they leave their jobs.

The deal also includes provisions for joint district-union professional development, peer assistance and review, and school-based performance bonuses.

A version of this article appeared in the January 06, 2010 edition of Education Week as Detroit Teachers Approve Contract Calling for Interest-Free Loans

Events

This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
College & Workforce Readiness Webinar
Smarter Tools, Stronger Outcomes: Empowering CTE Educators With Future-Ready Solutions
Open doors to meaningful, hands-on careers with research-backed insights, ideas, and examples of successful CTE programs.
Content provided by Pearson
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Professional Development Webinar
Recalibrating PLCs for Student Growth in the New Year
Get advice from K-12 leaders on resetting your PLCs for spring by utilizing winter assessment data and aligning PLC work with MTSS cycles.
Content provided by Otus
School Climate & Safety Webinar Strategies for Improving School Climate and Safety
Discover strategies that K-12 districts have utilized inside and outside the classroom to establish a positive school climate.

EdWeek Top School Jobs

Teacher Jobs
Search over ten thousand teaching jobs nationwide — elementary, middle, high school and more.
View Jobs
Principal Jobs
Find hundreds of jobs for principals, assistant principals, and other school leadership roles.
View Jobs
Administrator Jobs
Over a thousand district-level jobs: superintendents, directors, more.
View Jobs
Support Staff Jobs
Search thousands of jobs, from paraprofessionals to counselors and more.
View Jobs

Read Next

Education Opinion The Opinions EdWeek Readers Care About: The Year’s 10 Most-Read
The opinion content readers visited most in 2025.
2 min read
Collage of the illustrations form the top 4 most read opinion essays of 2025.
Education Week + Getty Images
Education Quiz Did You Follow This Week’s Education News? Take This Quiz
Test your knowledge on the latest news and trends in education.
1 min read
Education Quiz How Did the SNAP Lapse Affect Schools? Take This Weekly Quiz
Test your knowledge on the latest news and trends in education.
1 min read
Education Quiz New Data on School Cellphone Bans: How Much Do You Know?
Test your knowledge on the latest news and trends in education.
1 min read