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According to Sebastian's mom the kid who was making fun of him has apologized. The kid even offered to help Sebastian carry his books.
I'm guessing someone had a nice long heart to heart with the kid and I am so glad his heart was open enough to hear their words.
So, Sebastian has survived his first bully. I hate that he had to go through it, because I can't help but feel like some of his innocence was lost.
However, he survived and he will be a little stronger when the next bully shows up.