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1.
The relief and nostalgic feeling one has about a time in their life when it is about to end, even if the time was completely miserable.
(the day before high school graduation)

Senior: I'm really gonna miss this place...
Friend: Dude, you spent the four shittiest years of your life here. That's just the graduation goggles.
by WendyW April 11, 2011
 
2.
n. When one experiences nostalgia for the years of high school as graduation approaches.
I was totally looking forward to college, but when I stepped into the high school's hallway for the very last time, and I smelled the strange combo of burnt cafeteria food and textbooks, graduation goggles took over and I was reluctant to go through with the event.
by Stringcheese April 16, 2011
 
3.
when you are ready to quit something but then start seeing it in a new and positive light
A week before High School was over I got Graduation Goggles. Even though I hated everyone I went to school wtih.
by CmeDiG April 11, 2011