Rich People Are Stupider Than You and Me

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Rich people, F. Scott Fitzgerald famously said, are different from you and me, and there was a doozy of an article in the New York Times last Thursday that proved it. The story was about rich people who send their kids away to ritzy boarding schools and then buy or rent houses near those boarding schools so they can stay close to their kids.

Let me repeat: These rich people send their kids away to boarding schools and then buy or rent houses near those schools so they can stay close to their kids. This shows precisely how rich people are different from you and me: They’re batshit insane.

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Philadelphia School District Publishes List of Employee Salaries

Interested to know what Philadelphia School District superintendent William Hite makes? That one I can answer for you: $270,000 a year. Interested to know what your teacher friend makes? You’ll have to look that up yourself.

This week, the district published a full list of teacher information, complete with salaries, titles, pay rates, and representation. I just looked up a friend I went out for drinks with recently, and I decided I’ll be paying for drinks next time we hang out.

The file is available as a zipped CSV, or comma-separate values, which stores tabular data in plain text format.

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School District Says It Needs $216M to Avert Thousands of Layoffs

The Philadelphia school district is still broke, if you haven’t noticed. Schools superintendent William Hite says the district needs $216 million or it will have to lay off a thousand teachers, KYW 1060′s Pat Loeb reports. Hite adds he doesn’t believe layoffs are a realistic solution, saying the budget is already too tight to cut any more jobs.

At the Inquirer, Kristen Graham has sobering details from the budget.

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Philly.com’s Frightening Finance Guru

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There’s a decent chance you’ve never heard of Dave Ramsey, and the reason should be familiar: In an era when our Red State-Blue State bifurcation means we can’t agree about anything, we don’t even have pop culture in common anymore. So maybe the easiest way to introduce Ramsey is explain that he’s the finance guru to the Duck Dynasty set, an evangelical version of Suze Orman.

He is also Philly.com’s “business columnist” — though really, more of a personal finance advice columnist.

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