I keep a fairly watchful eye for investment bubbles, but the rise of America declaring war on work and degree factories pumping out diplomas (subsidized by Federal & State governments) not worth the paper their printed on have created an unsustainable academic system if Generation Y, and the generation behind them, can’t get a job to repay those student loans.
Bubbles have a nasty way of pulling future demand forward, so the short to medium term outlook might be bit uncertain to say the least.
(Notice how insignificant real estate inflation, and 2000-2007 real estate bubble, compare to the rise in college tuition & fees.)
Image Credit & Source
Galloping inflation in American college fees