The speech is towards the beginning of the video followed by commentary.
Just the speech: https://www.youtube.com/watch?v=eW9TgOgWmSQ
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This bullshit got to stop. Fucking guy did his part and graduated, give his Fucking diploma. That or Refund every dime he paid in tuition. In the meantime we should boycott any school who does this. Sue the fuck out of them too. Every student should.