Also in our general comments to all we think incorporating a chalkboard/corkboard/notebook look somehow into the logo might be neat idea? Something more contemporary and fun. The target audience is 20-35 year olds.
#70 The words "Class of 2014" are hard to read. Can you make them a bit clearer? Also I'm not a fan of the wrench on the other half of the pencil. Can you maybe make it into something different?