“” Only to find out that at best, he will graduate in 4 years with almost 70K worth of student debt.””
That is way too much debt for undergrad.
“” getting Pell Grants, State Assistance (TAG), merit awards and scholarship offers; all totaling between approx 15K and 30K; in the end, the amount he will still need to borrow ranges from between 17K and 25K PER YEAR.””
Since you will have one in college and qualify for a Pell Grant, that indicates that you have a low/modest income. If you go down the path of borrowing, then you would be cosigning $12k-20k per year. It’s doubtful that you would qualify each year and then your son would have to leave his school before finishing his degree.
(Were you planning on cosigning his loans??)
Did you run the Net Price Calculators before applying?
Let’s see if we can find a more affordable option.
What are his stats?
What is his major and career goal?
Did he apply to any schools he can commute to?