Four 10th graders from St. Ann's—NYC private school to Brooklyn's brownstone elite—have been arrested for setting fire to a public school's playground, melting the slide. Class rage meter: 5%

If you're like us, your high school graduation was in some sweaty gymnasium or on a grass-barren athletic field. Not so for the youngs of wealthy New York, who graduated in glorious fashion recently. The New York Observer was there.