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What version of dj_static are you using?
I upgraded to Django 1.7 and my site broke, leading me to your question.
I checked my dj_static version (I had been using 0.0.5 and noticed that the latest release at the time of this writing is 0.0.6).
Upon updating dj_static, my site appears to be functioning properly under Django 1.7.
Source:stackexchange.com