An unsuccessful applicant to the state medical college sued the college, claiming that its use of race in admissions violated the Fourteenth Amendment. The district court ruled for the applicant and the state appealed. While the case was on appeal, he graduated. What should the reviewing court do?
1) Dismiss the case since the applicant has already graduated
2) Overturn the district court's ruling and side with the state
3) Uphold the district court's ruling and side with the applicant
4) Refer the case back to the district court for further review