What is your opinion on fake (for lack of a better word) graduation ceremonies?

My husband’s granddaughter is “graduating” from pre-school this afternoon (which is super odd to me because she is going back to pre-school next year). His oldest grandson is “graduating” from 6th grade. Both are having huge ceremonies to celebrate. While leaving pre-school and elementary school are certainly milestones, it seems to me that the whole idea of “graduating” from either is pretty much just made up.

So what are your thoughts on these ceremonies, valuable rites of passage or made up events to make kids and parents feel special?