Graduation is the action of receiving or conferring an academic degree or the associated ceremony. The date of event is often called degree day. In the United States and Canada, it is also used to refer to the advancement from a primary or secondary school level. Many colleges have different traditions associated with the graduation ceremony, the best-known probably being throwing mortarboards in the air.

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Economy
According to the Bureau of Economic Analysis, the 2003 total gross state product was $132 billion. The per capita income for the Alabama state was $26,505 in 2003. Alabama's agricultural outputs include poultry and eggs, cattle, plant nursery items, peanuts, cotton, grains such as corn and sorghum, vegetables, milk, soybeans, and peaches. Although known as "The Cotton State", Alabama ranks between eight and ten in national cotton production, according to various reports, with Texas, Georgia and Mississippi comprising the top three.

Source: Wikipedia.org - Alabama, USA