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A sped shed is the Special Education classrooms, where the speds go. Its an extension to the insult "sped".
Friend: Yo you hear about the new girl?
You: No? What is it?
Friend: She's in the sped shed! For all her classes! LOL!
You: What's that?
Friend: Sped shed? It's the special ed classes!
by xQBGIV March 07, 2016
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