The headline of the local paper cried "JUVENILE DELINQUENTS TURN HEROES" the day after the boys returned home in the ambulance. It was Steve who asked Ponyboy what it "like bein' a hero, big shot." Dallas wasn't as enthused, since he enjoyed the notoriety of being a hood more than the others. Tim Shepard broke the news to Dally. "Said he saw my picture in the paper and couldn't believe it didn't have 'Wanted Dead or Alive' under it." Jerry, the chaperone of the children caught in the church fire, agreed with headline. "... I think you were sent here straight from heaven. Or are you just professional heroes or something?" Ponyboy's humble reply was simply, "No, we're greasers."
In the book the newspapers refer to the two teens as heroes. They call them this because Pony and Johnny saved all those kids from getting burned in the church. At the same time, however, it also calls them juvenile delinquents. The headline in the paper reads "Juvenile Delinquents Turn Heroes." You can find this in Chapter 7. It is on page 107 in my edition of the book, though your edition may have different page numbers.
Of course, both descriptions of the two Greasers are accurate. They have certainly both been in trouble, but they both acted in a heroic way when they rescued the kids.
In the book "The Outsiders" the boys have rescued the children from a burning church. They saved the children but the building caved in on Johnny causing him to be severely burned. Dallas Winston, Dally, and Pony Boy also helped to rescue the children. They are referred to as juvenile delinquents turned heroes.
The press had gone to the hospital and interviewed Pony Boy. Then they ook the three brothers pictures, Soda Pop, Darry, and Pony Boy. Pony Boy thinks it is funny that hey would be called heroes because he knows that Dally would not like it. It would mess up his hard core reputation.