Stephen Colbert delivers the 2013 Valedictory Address at the University of Virginia. He first steals the show by pretending to steal the class check, a gift to U.Va., saying he would have spoken for free. He has some other fun moments before shifting gears to share some advice. Rain moves the ceremony from its traditional site on the lower Lawn to the John Paul Jones Arena. About 12,000 graduates and family members gather for the ceremony there..