Principal Offers to Take a Serious Pay Cut

According to a recent The Miami Herald, principal Larry Feldman recently decided to postpone his retirement and offer his services to the cash-strapped Miami-Dade School District for an annual salary of $1 plus benefits.(Now that's what you call commitment.) The district declined Feldman’s proposition because it would be too difficult to replace him, considering his budgeted $1 salary, should he decide to leave before the year was over. Still, some parents have launched an e-mail campaign, and are considering a petition in favor of the popular principal's offer. Stay tuned.