Published: Sep 27, 2010 4:36 PM EDT
Updated: Sep 27, 2010 1:37 PM EDT

NEW YORK (AP) - The City University of New York and IBM will open a unique high school that allows students to earn an associate's degree.

Mayor Michael Bloomberg announced Monday on MSNBC that those students will be "first in line for a job at IBM."

Bloomberg also said the city will move to a rating system to ensure teacher tenure is linked to classroom performance.

He said the city will use a $36 million federal grant to enlist highly-skilled teachers to work in low-performing schools.

Earlier Monday, Newark Mayor Corey Booker said about $40 million has been raised to match the $100 million donation from Facebook's founder to that city's blighted school system.

Booker appeared with New Jersey Gov. Chris Christie and Facebook founder Mark Zuckerberg at NBC News' "Education Nation" summit.