@uocparent - true. But as I said, most of the college (not a huge number of kids in those days) graduated in the spring. So did Booth, Law, and other professional schools. Doctoral candidates, on the other hand, can earn their degree throughout the year (for instance, my husband earned his at the end of summer quarter). So for them to wait for their diploma and hooding is a bit of a bummer. On the other hand, you do get a larger group when you hold it once a year!