Joined: May 2009
Posts: 103
I would second the Bromley's idea. For an event like a grad when a tux is not needed a nice fitting suit is perfect. You can get a nice navy, charcoal or even black suit and funk it up with a bright shirt and tie.
Plus when you buy it, you've got it for keeps, and every young man should have at least one suit in his closet. You never know when you'll need it for a funeral or a job interview.
When I graduated high school my parents. Bought me a nice suit and I wore it a couple times a year for at least 5 years (till I got too fat for it).