Get your favorite graduate a gift that will last through the next stage of life -- or at least help preserve the memories of that time.
Fujifilm FinePix S1
A big bridge camera with a crazy-long zoom len, the FinePix S1 is a good choice for anyone who wants the look and feel of a dSLR, but not the expense or weight. It's the only one that has a dust- and weather-resistant body, perfect for whatever post-grad adventures are to come.
GoPro might have the name recognition, but the Ghost S is just as capable and instead of having to pay for additional accessories and features, this waterproof action cam is ready to go out of the box.