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Gifts to celebrate a landmark like high school or college graduation present a dilemma. You want to give something extra-special but how much to spend? It depends on your budget and your graduate. Spending $50 is plenty for most graduation gifts — and we’ve got you covered with lots of options here. For your child or grandchild or someone extra-special, you might spring for more, and so we’ve also included some splurges, including gift ideas for kids going off to college and others for college grads starting out on their own. But there is good news for all budgets: The price for some of these awesome gifts is, well, free!