I did something similar for myself: I was an RA. That gave me a free private room in the dorms, 1/2 my meal plan paid, 1/2 my in-state tuition paid, and my phone paid. It was genuinely the best thing I did financially during my college years.Best thing I did to pay for college - took at a job at the state U. I work 20 hours per week, my kids get half price tuition at any of the schools in my state system, and we have some good schools.
Middle child got a big scholarship from a foundation, which she can use at any university. The first semester she went to community college, the scholarship covered it all. Because I get the tuition discount, DH and I cover tuition. Kids have to cover room and board, because they do have some choices in that. Our U has BEAUTIFUL off campus apartments, the kind with granite counter tops, top of the line stainless appliances, pools, hot tubs, beautiful gyms, etc, for $1350 per month per student. Since they are paying for their own my kids have opted not to pick those apartments, though many of their friends did.
DS had a bad first year, we made him move home and go to CC until he was able to prove he could do it. He paid for that.
make sure your kids can swim, lifeguard is a job they can get on any campus!
I can't understand what college student can afford apartments like that! My daughter's talking about an apartment for her junior year, and she's looking at prices less than half what you're talking about. Plus, what's to look forward to after graduation?