Obama Addresses Graduates With 'Thank You Laude''

This year's commencement speeches offer inspiration and laughs.
2:26 | 05/20/13

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Transcript for Obama Addresses Graduates With 'Thank You Laude''
Now, to surprising and inspiring messages of america's next generation of leaders. Everybody from president obama to annie lennox. And here's a sample of some of the most compelling speeches. Just another example of the world trying to keep a black man down. I might have been imprisoned. I might have been unemployed. I might not have been able to support a family. And that motivates me. So often, failure is the key to success for so many great people. Oprah was demoted from her first job as a news anchor. Now, she doesn't even need a last name. You can follow someone else's script. Or you can look at all that you have accomplished today and use it as fuel to venture forth and write your own story. Some of you are graduating summa cum laude. Some of you are graduating just thank you, lordy. ♪ Now, it's too late though we didn't try to make it ♪ this week's "time" magazine called you lazy entitled narcissists, who are part of the me, me, me generation. And that's very upsetting to us baby-boomers because self-absorption is kind of our thing. And I ask then that you love those dreams as much as I once did and still do. I ask that you love those dreams as I now love my daughter, for they, like she, are what you have to live for. And they, like she, are guiding lights and organizing principles, the things you choose never to forsake. I'm inspired. Wow, josh. Wisdom from josh elliott. I want to thank everybody at quinnipiac for having me. It was a wonderful day. You were there in '04. Persistent rain. But it did not dampen the spirit.

This transcript has been automatically generated and may not be 100% accurate.

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