You seem to miss a very important point (one our society and government seem to miss). He should manage his daughters expectations and explore all low cost alternatives. Community colleges offer a excellent opportunity to keep costs down during the first 2 yrs of school. The military offers a tremendous value in the GI Bill if the children are inclined to enlist. The problem today is that many parents/children expect the Ivy Covered walls-No Working-Frat parties on Sat Night experience.