08/21/1974
https://www.presidency.ucsb.edu...
"For millions and millions of young Americans, the cornerstone of their tomorrow will be you."
"I do see the Honor Society's requirements--service, scholarship, leadership, and character."
"These are alarming trends for any nation to face."
"I also pledge that I will work with the Congress to enact a new law that will meet many of the objections of the current system."