File:DrColbertPrinceton06-02-2008.jpg

Dr. Stephen Colbert wears a Princeton cap and gown as he admires his newest award, Princeton, New Jersey, 02 June, 2008.

The award present to The Greatest Living American by Princeton University is called 'The Great Princeton Class of 2008 Understandable Vanity Award' and consists of a mirror and was presented to him during Class Day, the day before the official commencement.

AP Photo/Mel Evans, Copyright © 2008 The Associated Press. All rights reserved. Copyright © 2008 Yahoo All rights reserved.