Her possibilities for which college to attend probable AREN’T endless. That doesn’t mean her career options are limited. They are two different things. Far better to set expectations for her when you start discussing colleges around sophomore year than pretending the whole world of colleges is open to her.
And just saying… I’d kill to find a decent $400K condo in my city! Lots of people live in expensive markets. Something to consider — can you/should you move to a different location in the next few years? Can you find similar work where the cost of living is lower (and maybe you like the state university system better, although I have no idea how you feel about the one you have now)?