Millions of Americans are saddled with debt due to the cost of their college education. I have met adults who were still paying for their college education years after they graduated. As a society, we send mixed messages to young people: we want you to get a college education, but you will have to spend years paying for it.
When I visited Finland a decade ago, I was amazed to learn that all higher education there is tuition-free. My guide explained the Finnish view: education is a human right, and it’s immoral to make people pay for a human right.
We as a nation know that investing in education is good for the nation’s future. We all benefit when more people are better educated and have more skills and knowledge. To the extent that young people are reluctant to assume the high cost of a college education, they will choose not to go to college. This is not good for them or for our society.
President Biden understands the dilemma and developed a plan to help college students pay down their college student loans. “Unveiled in August, Biden’s loan forgiveness plan would eliminate $10,000 of federal student debt for borrowers earning up to $125,000 annually, or $250,000 for married couples. Recipients of Pell Grants, a form of financial aid for low- and middle-income students, are eligible for an additional $10,000 in forgiveness.”
The GOP is unanimously opposed to helping relieve students of their debt. They reason that others have paid their debt, so no one should get relief. This is penurious and hard-hearted.
Aided by a few Democratic votes (three Senators— Manchin, Sinema, and Tester of Montana—and two members of the House), Republicans passed a bill to kill Biden’s plan for student debt relief. The President vetoed their bill.
The Supreme Court will soon rule on whether it’s constitutional to relieve students of their debt, and that’s another peril for Biden’s plan.
The stubborn opposition of the GOP to any student debt relief is another reason to vote Blue in 2024.
President Biden on Wednesday vetoed a Republican-led resolution that would have struck down his controversial plan to forgive more than $400 billion in student loans.
In a statement on Wednesday, the president said the resolution — which the Senate approved on a 52-46 vote Thursday under the Congressional Review Act, a week after the House passed the measure — would have kept millions of Americans from receiving “the essential relief they need as they recover from the economic strains associated with the COVID-19 pandemic.” The resolution called for a restart of loan payments for millions of borrowers that have been on pause since early in the coronavirus pandemic. It also would have prevented the Education Department from pursuing similar policies in the future.
In his statement, the president said it is “a shame for working families across the country that lawmakers continue to pursue this unprecedented attempt to deny critical relief to millions of their own constituents, even as several of these same lawmakers have had tens of thousands of dollars of their own business loans forgiven by the Federal Government.”
(It wasn’t the first time the White House has highlighted that lawmakers received financial relief from the government during the pandemic through the Payment Protection Program loans.)
The student loan forgiveness program has faced legal challenges, and the Supreme Court is set to issue a ruling on its legality before the end of June.
“I remain committed to continuing to make college affordable and providing this critical relief to borrowers as they work to recover from a once-in-a-century pandemic,” Biden said in his statement Wednesday.
Is it possible for us one day to be a nation that sees the importance of investing in the future and restoring a sense of common purpose? Could we begin to care for everyone’s children as if they were our own?

OK. I have a question that needs answering.
This is a CLEAR example of how the Republican Party represents the interests of the wealthy few and punishes the vast majority of people. The kids of the ever-shrinking middle and working classes increasingly cannot afford to go to college and, if they do go to college, end up saddled with debt that they cannot reasonably be expected to be able to repay. And, at the same time, oligarchs like Master of the Universe and Decider for the Rest of Us Billy Boy Gates think that we should dramatically reduce the number of people taking college degrees.
So, given that in area after area, like this, the Repugnican Party represents the interests of the few, WHY DO SO MANY WORKING-CLASS PEOPLE IN THE US CONTINUE TO VOTE FOR THEM, and WHAT CAN BE DONE TO CLUE THEM IN–to get them to understand that they have been, for quite a time now, across wide swathes of the United States, been VOTING AGAINST THEMSELVES?
Clearly, the Democratic National Party has utterly failed to make this obvious to the electorate. Why? And what should it be doing instead? Ideas?
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Part of the problem is really widespread ignorance. So, for example, Mikey Dense just announced his candidacy for president. One of the late-night shows went into the street and showed people pictures of V.P. Dense and asked them who this was. Person after person didn’t know. Not a scientific poll, obviously, but . . . .
I have one son who is a blue-collar guy. He works as an auto mechanic in Flor-uh-duh. The folks he works with almost all HATE Joe Biden. But if you ask them to name ONE piece of legislation that Biden supported or opposed, they can’t do that. They hate him but know NOTHING about him. Nothing. Their opinions are based in complete ignorance.
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Bob The “know nothings” have been regularly captured by talk-radio on the drive home for years. Have you ever listened to that flushable stuff? CBK
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WHY DO SO MANY…
It seems they’ve been “educated”,
not incoctrinated, to believe
in electoral saviors.
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Yeah, the “come to the savior” thing is really big in America.
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we should dramatically reduce the number of people taking college degrees.
i.e., Bill’s kids and other members of the American Brahmin class should go to college, and the kids of the rest of Americans–ewww–should get computerized worksheets on bullet list items from the Common Core to demonstrate their willingness to follow orders obediently and rack up credits toward menial positions in the new economy. (“Will you be taking that latte on the Flybridge Deck, Mr. Gates? Very well, sir. Thank you, sir.”)
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But Bob “The legend” — it won’t look good on school data sheets when WASC comes to visit. And make sure to load up those AP classes as well (lots of kids in there that should not have been). And push, push, push four-year colleges — the only way to fly! I recall a SPED transition specialist tell me, “Geez, they want all these kids to go to college, but only four-year. A two-year college is not good enough.” The way I explained it to parents was, “College costs a lot of money. California Community Colleges offer the California Promise where a person can attend for free (basically).” I would go on to explain, “Test out college close to home. See if you even like it. Take a summer class just to get the feel.” Technical schools — Oh, that’s for people who don’t make it. Yeah, tell that to my uncle who got into a welding apprentice program and made well over 6 figures, is retired and has excellent benefits. And to make matters worse, most counselors just say, “Go to college you can take out a loan.” Well, back in the day most CA colleges were tuition free and I attended Cal Poly SLO for $78 a quarter. When we took out student loans, the bank wasn’t broken. Nowadays, that wouldn’t cover a book. It took me well over 25 years to finally pay off all my student loan debt and teacher credentialing debt. When my younger son attended ASU online, we tried and tried to pay for it in cash because I didn’t want to saddle him with debt; we couldn’t cover it all so he has a little over $15K in debt. Everything is super expensive especially in CA, so a little relief would be great for our young people who can’t buy a house and have no tax write-offs. And, there are only four states in the USA that require financial literacy as a graduation requirement, so they really don’t have a grasp on “you have to pay back loans after the fun is over.” I remember Mark Cuban, owner of the Dallas Mavericks, saying something like: “If I told you to invest $100K into something with the possibility of no return, would you do it? Well, my friends, that’s college. Take a look at why they want more money; they like to build buildings.” I worked many jobs (and thank goodness I actually knew how to fix things, make things, clean things) in order to keep paying on my student loans. It was only when my mother-in-law passed, she left us money and we paid off all the student loan debt (2019) — so that debt hung over us like a lead balloon since 1983 (she helped with my older son’s debt as well). When my parents were in Europe, my mom loved talking to the young people and she told they said, “Oh, my government is paying for my college. They are giving me a stipend for living expenses as well. I will be going to the states to study.” Wow, what a concept.
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Well, that’s a legendary response, Rick. It’s interesting, isn’t it, that we say we respect work in this country, but we have gutted and in many places almost completely eliminated vocational education programs. Really, really stupid, that.
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Dense Pence said the following: He called Jan. 6 “a tragic day in the life of our nation” and said “Trump’s words were reckless and endangered my family and everyone at the Capitol.” Pence added, “President Trump also demanded that I choose between him and the Constitution. Now voters will be faced with the same choice. I chose the Constitution, and I always will.” In his speech, Pence emphasized that he was “incredibly proud” of the Trump-Pence administration, touting the GOP tax cuts as well as the confirmation of three conservative Supreme Court justices who eventually helped overturn Roe v. Wade
Why should Dense be proud of the GOP tax cuts that only benefits the wealthy and corporations. The three Justices that Trump appointed used their religious biases to overturn Roe vs. Wade.
Why isn’t Trump in prison?
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Good questions, Carol!!!
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Pensarian ToadySpeak
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AKA, Parseltoad
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The question to me is why the heck is American university so damn expensive? It’s a question that gets asked a lot and there are a lot of things that get blamed depending on who you ask (cuts in state aid, the push to provide luxe amenities that European universities don’t care about, the huge number of non-teaching staff, big increases in salaries for core administrators and tenured faculty) but it’s clearly a multi-factor problem and it’s just outrageous. My daughter goes to college outside the U.S. and one of the reasons is cost.
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https://12ft.io/proxy?q=https%3A%2F%2Fwww.theatlantic.com%2Feducation%2Farchive%2F2018%2F09%2Fwhy-is-college-so-expensive-in-america%2F569884%2F
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A partial answer, for state colleges, is there used to be large subsidies that no longer exist. In 2008, when my younger two were applying to college, I dissuaded them from MA public colleges because of the rise in the use of adjuncts in place of professors. The Boston Globe published a series of stories, profiling adjuncts who cobbled together a living by driving from one campus to another, using their cars as their offices. As a teacher, I knew that was disastrous.
One twin chose UVM, the other UNH (against my advice – oh well!). In the wake of the financial turmoil following the economic disaster of 2008, those two neighboring states had quite opposite responses. Vermont’s legislature voted to increase spending at its flagship university by 30%, reasoning that families would need more support. New Hampshire voted to reduce its support of its flagship by 30%, reasoning it wasn’t worth the investment.
A tale of two states.
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A fascinating piece, Flerp!
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Paula S. Wallace, President, Savannah College of Art and Design, Compensation: $5,037,567
Stephen K. Klasko, President, Thomas Jefferson University, Compensation: $4,399,407
Ronald J. Daniels, President, Johns Hopkins University, Compensation: $3,239,817
Nicholas S. Zeppos, President, Vanderbilt University, Compensation: $3,173,543
and so on
It pays to be king.
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“The stubborn opposition of the GOP to any student debt relief is another reason to vote Blue in 2024.”
ABSOLUTELY TRUE!!
The GOP desires uneducated people because many will vote for them. Unfortunately it isn’t only the uneducated who vote against their own best interests.
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“We won with poorly educated. I love the poorly educated!”
–Person recently found liable for sexual assault and presidential candidate Donald “Jabba” the Trump, February 2016, Nevada
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Well done, Mr. President. Thank you. Even though I paid off a very modest loan decades ago, I wholly support relief for todays students. Loan amounts for college are obscene and financial loaners have a long and dark history about deceptive loan regulations. Many of our allies have free or low cost education. We should join them.
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In its original form, without income caps, the loan forgiveness proposal amounted it a massive wealth transfer to affluent people. Maybe the income caps have changed that math, although I suspect Americans without college degrees (about half of all U.S. adults) would find a household income cap of $250,000 pretty rich, no pun intended.
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The PPP program seems to have been a massive wealth transfer to affluent people, FLERP. The GOP hasn’t been out on the hustings ranting about it though. Could it be because they and their donors benefitted massively?
In my household, with two public school parents, there was no way to save up enough money to pay for college for three kids (we planned on two, but twins changed that calculus). Our kids all got scholarships, but were still left with student debt. When I discovered that Parent Plus Loans could be called on my kids in the event of the death of a parent, I refinanced my home to pay off those loans. I was fortunate to have a house that appreciated enough to allow that maneuver.
Two of my kids, and their partners, still have student loan debt. The third took a year of hazardous duty in Afghanistan to pay off her loans. None of them are yet homeowners, though they work full-time and are scrupulously careful about their spending. We know homeownership builds both personal wealth and investment in the local economy. Their peers and family members in other countries do not have this burden.
In the wealthiest county on the planet, it should not be this hard.
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I’m not defending the GOP, I’m just asking whether a gigantic chunk of Americans might correctly see this is a wealth transfer to the relatively affluent.
College is insanely expensive in the US, no argument there. I would love to see those costs come down. I’m dealing with them myself now.
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The wealthy don’t have student loans. It’s a talking point without basis.
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Almost nobody describes themselves as wealthy, not even most wealthy people. But $250,000 is the 93rd percentile for household income in the US.
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I prefer Senator Bernie Sanders’ response:
At a time when over 45 million Americans are drowning in student debt I could not, in good conscience, vote for a bill that eliminates the moratorium on student loan payments that has been a lifeline to millions of working-class families during the pandemic.
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Out of the 24 countries that provide free education, 16 are based in Europe. Only one country in North America offers the program, as well as it being rare in Asia. Three countries are within South America, with three countries also being in Africa.
Europe
Norway: Tuition is not only reduced or free for citizens but also international students. Taxpayers’ money covers attendance to state universities, but the tradeoff is higher living expenses.
Sweden: Although previously offered to all students, their tuition is now only free to citizens and European students. There was an increase in scholarship programs to compensate.
Germany: Some universities have recently begun charging some tuition fees, but the majority of them still offer free education to all students, even international. They may ask for a small contribution each semester, but it is nowhere near the price of full tuition.
Denmark: All Danish citizens are offered scholarships and aid, but most colleges are entirely free. They offer their programs to citizens, European students, and students with certain visas.
Finland: Finland is a country that offers completely free education and only charges fees to non-European students that wish to take classes in English. Living expenses are not covered.
Austria: Not quite a tuition-free country, but very close. Tuition and school fees are very low for citizens and European students with a slight increase for non-European students.
Greece: Free education is available for citizens of Greece and European students; international fees are very low in comparison to regular tuition fees in other countries.
France: Not free, but very low. If you are native to France or Europe, you will only be paying a few hundred euros. International fees do go up to thousands per year.
South America
Uruguay: Education is free to all Uruguay citizens. In common South American fashion, it does not extend to European or non-European students.
Brazil: University-level education is free for all students, even international students. Just be prepared to take all classes in Portuguese as they do not offer English.
Argentina: Free education is only offered to Argentinian students and citizens; it is not available for international students.
North America
Panama: Free to all students, with no concern for nationality. That includes citizens, Europeans, and all international students.
Asia
Malaysia: Not surprisingly as free tuition is uncommon within Asia, free education is only available to Malaysian citizens.
Africa
Morocco: Free tuition to all citizens, but does not outreach to international students.
Egypt: Also, only free tuition to all citizens, but not to international students. Their programs are meant to decrease poverty within their country.
Kenya: Different than other African countries, they allow free education for citizens and also to international students. International students are limited to public tuition if they’re high-scoring secondary school students.
Is The U.S. Falling Behind?
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I guess when Desantis lauds the values of Western Civilization he means the Spanish Inquisition… I mean Alito certainly admires a 16th century witch burner…
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Thank you, Carol!
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In the not -too-distant past, the national debt clock had student debt way below credit card debt. I know because like many economics teachers, I’d show that website with its spinning wheels of astronomical numbers to my classes year after year.
https://www.usdebtclock.org/
And, I can remember as student debt caught up to then surpassed credit card debt. The problem is not sudden news. Luckily, someone has finally had the backbone to take it on.
Are there better solutions? Sure. For years we’ve known that, too. What’s been done?
There are huge financial giveaways in the government budgets nationwide. Corporate welfare galore.
Money ought to be transferred to our young people so they can pursue all sorts of post-secondary education: four year college, vocational training, apprenticeships etc…
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My wife and I were looking over the school loan debt horizon. We have put three through college where they took on a third of the debt and we took on the rest. We were looking at the expected interest rates when payments resume at over 7.5%. With the ongoing panic over inflation, the Fed continues to raise interest rates and the financial companies that handle student debt continue to charge over the average rate for loans. When our mortgage was under 3% before the pandemic, our student loans were at a steady 6%. That says it all. I believe my loan rate in the 1980s was around 3% when credit card rates et al were above 10%. Giving students a break on interest rates brought long term economic benefits. When data says that a college education represents 84% greater income over a career (https://hechingerreport.org/states-step-in-to-provide-information-about-the-return-for-students-on-a-college-education/#), then it is only logical to see that a more expensive education will limit who can get the same opportunities. It is not only a problem that the average cost for in state is over $10,000 (Almost like paying for a used car every year) and out of state over $27,000 (That would be a new Prius every year), (https://www.businessinsider.com/personal-finance/average-college-tuition) but that annual interest on that debt can result in payments in perpetuity. This is not about who paid their debt and who is trying to get out of it, it is about the burden such debt puts on our country’s future well being.
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Two human rights the U.S. does not offer it citizens – health care and higher education. K-12 public education still doesn’t charge families but that is at risk, too.
The GOP does not care!
Healthcare and higher education are also an investment in our country. With more citizens earning college degrees in vital fields, that insures the United States will have a workforce ready to face the future and compete with other countries.
The GOP does not care!
The US has been neglecting health care and its infrastructure for decades: airports, railroad, bridges, the power grid, et al.
“Train derailments are quite common in the U.S. The Department of Transportations’ Federal Railroad Administration has reported an average of 1,475 train derailments per year between 2005-2021. Despite the relatively high number of derailments, they rarely lead to disaster.”
The GOP does not care!
Ignoring health care as a human right has seen the average lifespan in the US plummet while other countries are gaining years of life for their people.
https://www.cfr.org/in-brief/us-life-expectancy-decline-why-arent-other-countries-suffering-same-problem
The GOP does not care!
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And too many seem to simply follow along…
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I live in a world in which people expect Medicare and insurance (private insurance tends to eventually mirror Medicare policy) to pay for drug treatments and medical procedures that cost between $100-400,000 a year. Some cancer patients can have costs adding up to millions over the course of their lives. Longevity in formerly fast killing diseases has become expensive. In many cases, these patients are older than 65 and some live well into their 90s. Had they the same diseases when Medicare became law in the 1965 (?), they would have been dead within a year, so the cost to taxpayers was minimal. It was easy to make a commitment to them knowing it would be a short term cost.
Yet many of these patients, good Republicans who earned everything they had because they pulled themselves up by their own bootstraps and used to toil through blizzard conditions as they made their way to schools miles away, complain about Marxist giveaways like student loan relief. And they are also veterans, so we owe them. How dare we limit their access to life-saving drugs or surgeries that they are owed? It is outrageous to them that any money that could be spent on them is going to immigrants and CRT. Honestly. There are millions of people in this country who think in ways similar to the scenarios described above.
I had an idea for a short story years ago that I abandoned because I was sure it would offend too many people. But the premise has never left me. Imagine a world in which actuaries determine a financial number one’s disease will likely cost society over the course of a disease from diagnosis to death. For example, a complex cancer with extended survival could cost as much as $6 million over 15 years. A regular disease might be $300,000. Now imagine being given the option at diagnosis of getting the medical care you might need or palliative care plus a $500,000 (or perhaps a higher number) invested endowment for a designated dependent that will mature in twenty years. Which would you choose? Financial security for future generations or staying alive?
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Wow, interesting twist there, GregB.
And, I’m not offended, btw. It’s a thought experiment based on decisions being made right now, all the time. Opportunity costs -as economists like to say, right?
Regarding the screeching hypocrisy of Trumpsters and GOPers in general who reap the benefits of the big government they purport to despise…. chalk some of that up to just plain human nature, I guess. (Well, not everyone but enough of us.) Self deception often knows no bounds especially when facing that one really, really bad day we are all guaranteed: the end.
If Artificial Intelligence can do in the future what some people fear, I imagine AI will use these sorts of human frailties against the species. We’re already so divided now, how hard will we be for machines to conquer us peeps?
People sure are quirky….wonderfully, maddeningly so.
Maybe the super computer will blow a fuse trying to deal with us. It could be our saving grace.
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You might be offended or worse if taxpayers were paying for hundreds of thousands of dollars and someone pointed this out and draw attention to the inequity. They’d rather you pay attention to all those welfare queens and illegals coming in and getting rich. Don’t look at the man with the prescription pad behind the curtain.
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If insurance companies want to remain relevant they will need to incentivize preventive measures. Instead, to maximize profits they continue to provide coverage for high risk behavior such as building a beach house. We have the greatest medical technology but among the worst health outcomes because our system provides the greatest financial reward at the end of life for corporate entities while making little effort to reduce the need for such care. Insurance behaves the same way finance does choosing the quick buck over the stable one.
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Paul and Greg About insurance companies, et al. I was also thinking of the defense industry, which has a great financial stake in the continuation of wars. CBK
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A while back I read the fine print and did a rough estimate of what Biden’s loan forgiveness program would cost a taxpayer. What most miss entirely is that the $400-$500billion estimated cost [loss of revenue] is projected over the average payback period, which is 20 – 30 years.
The Dept of Ed has all the data: they are required to report the revenue estimate to Congress every year as input to figuring the annual budget. They adjust it annually for average changes in payment schedules, int rates, & so on.
I used # of taxpayers, ave proportion of revenue from each tax bracket etc. It’s an OVERestimate*, perhaps grossly over (?), because it assumes the entire bill would be paid by individual taxpayers. Just couldn’t find good data on annual corporate/ business tax revenue to fed govt.
The average tax increase* comes to about $80 per year per individual taxpayer. Those in lowest tax bracket would see an additional $15 or $20; high brackets [individuals making over $250k/yr] ranged from $150 & up through the small bunch at the very top coughing up about $2000 extra per year.
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Thank you!
Interesting how numbers can be twisted.
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