Schachter started her show Business career in 1978, appearing in two off-Broadway plays called The Innocents and Time Again.
She was selected for what would be known as her most notable role, Nancy in The Facts of Life. She played the role regularly until 1980, when she was the first member of the regular cast to be let go. She would continue to make guest appearances on the show until 1986. Other television roles included Diff'rent Strokes, the soap opera Love of Life, NBC Quiz Kids, The Adams Chronicles, Alice, The New Monkees and Love, American Style, among others.
