They will feel better about contributing to their education. Encourage them to work and save to pay some of the bills. Your personal financial planner, banker, or investment counselor can help you plan a strategy. Ask the financial aid office at the college about available deferred payment plans. Available at many colleges and in several states.
Some colleges allow a family to pay in advance the four years of tuition at the first year rate.
Eligibility may be based on the credit-worthiness of the borrower. There are usually no income restriction to qualify. Ask you counselor, banker or the financial aid officer of any college. The needs analysis is based on the earnings and assets of both. The independent student files alone.