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Graduation is an event that needs to be commemorated no matter what the occasion. Whether it is high school, college, evening class, beauty school or bar tending academy - it is a rite of passage that honors those that have put in a lot of work and are now ready to use that knowledge in the real world.

With this in mind I think the most ideal gifts are those that mark the occasion. Yes, they may like a big check, a car or a European trip but even if you give them something like that you should also give them something that shows you are proud of them.

Personalized gifts can be a nice way of showing your appreciation. Perhaps a leather portfolio or a photo frame with a picture of them in their graduation outfit. A personalized laundry bag would be a practical gift too, assuming they do laundry when they have left the nest!

Something for their dorm/apartment is always appreciated. It could range from a TV to a vacuum cleaner to a cookbook. An indoor basketball game or arcade game could make them popular on their dorm, as would an LCD TV.

Luggage is a popular gift. They will (hopefully) be coming back often and it can be used for many years to come (particularly on that European trip).

There are many other choices - iPods, stereos, computers etc. The main thing is that it is thoughtful and means something - to both the giver and the receiver.