Caravello attended the High School of Art and Design. He planned at first to be a cartoonist, then changed his mind quickly thereafter and decided to study photography. According to him, he ended up wasting "absolutely every day of high school. I got no work done, did nothing to further my career, wasted time, and wound up getting drunk in the darkroom with my friends all the time. We never got caught because we could see through the one-way glass whenever a teacher would come. It wasn't like I was getting drunk every day, you know. Half a cup of vodka in those days was enough to get you drunk." However, he has described himself as overall "a real good kid. I didn't do anything to make trouble."