The scam announced today, involving a couple of celebrities, to get kids into college through lying, cheating and stealing may be an inflection point in what people pay for education.

MY PREDICTION: THIS IS THE TOP IN THE COLLEGE TUITIONS!

Trivia: What is the one demographic that saw their unemployment go up during this recovery?

Answer: College Graduates.

In analyzing any investment, clearly one should look at risk / reward.

I don't speak for everyone, because each person decides why they go to college, but if the goal is to get a job with a higher income because of the college degree one has to ask: Is it worth it anymore?

Student Loan Debt just passed $1.5 Trillion. Many people are paying back those loans a decade after graduating.

I don't know what every college costs for 4 years, but I think the low end is ~$100k and the high end ~$300k.

Wage growth is non-existent. A big thanks to the rapid pace of technology.

High paying jobs have completely changed in the last 5-10 years. Have colleges adapted that quickly?

I am old enough to remember when people actually wanted to Work on Wall Street. Not anymore, because it is hard to make money in that industry.

I actually think scandals like this tend to mark inflections in a market. In this case, it's a big wakeup and maybe the demand slows to a point where tuitions actually go down.

As the zen master says: "We'll see."