There are two parts to attending college. 1. Getting in. 2. Being able to pay for it. Where the challenge often occurs for the high stat student is while their stats make them statistically qualified for nearly any school not every school will accept them. There are something like 37100 high schools in this country each with their high stat students plus high stat students from all over the world attempting to get into our best universities. Take a pragmatic approach. Apply to a variety of schools but understand that your child must be ready to attend any school they apply too especially the safeties. Settling on one “dream school” can be a recipe for disappointment and heartache.
As for being able to pay for it. Only you know your financial situation or how much risk you are willing to take. I believe it’s best to establish in advance how much you’re willing to contribute. Your contribution can come from savings, current income or money you are willing to borrow. Discuss it with your child before they begin the application process and understand that attending any of the schools will be predicated on it being affordable. Any money needed beyond what you are willing to contribute must be covered by scholarships, financial aid, direct student loans, or work.