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The Cornish College of Arts announced Friday that it was withdrawing invitations to Mike Daisey to give the commencement address and receive an honorary degree, The Seattle Times reported. Daisey, a playwright, has admitted that parts of his play about Steve Jobs, as performed on "This American Life," were inaccurate. Nancy Uscher, president of the college, issued a statement explaining the decision. "Mr. Daisey has acknowledged that he personally did not witness all the events that he said he did, and he exaggerated the level of his own experiences to journalists," she said. "Since its founding by Nellie Cornish in 1914, Cornish College of the Arts has educated and prepared students to contribute to society as artists, citizens, and innovators. One essential principle of that education is the importance of professional integrity. Because of that foundational value, Cornish will not award an honorary degree to Mr. Daisey. Cornish and Mr. Daisey have mutually agreed he will withdraw from commencement."