Latin honors are like gold star stickers that you get in school when you do really well. But instead of stickers, you get special words written on your certificate or transcript that tell everyone how well you did in college.
There are three different types of Latin honors: cum laude (pronounced koom low-day), magna cum laude (pronounced mag-na koom low-day), and summa cum laude (pronounced soo-muh koom low-day).
Cum laude means "with honor" and is given to students who do pretty well in college. They usually have a grade point average (GPA) between 3.5 and 3.7 (that's like getting mostly A's with maybe a few B's).
Magna cum laude means "with great honor" and is given to students who do really well in college. They usually have a GPA between 3.8 and 3.9 (that's like getting mostly A's with maybe one or two B's).
Summa cum laude means "with highest honor" and is given to students who do AMAZINGLY well in college. They usually have a GPA of 4.0 (that's like getting straight A's every single semester).
So if you hear someone say they graduated cum laude, magna cum laude, or summa cum laude, it means they did really well in college and they should be very proud of themselves!