Please don’t assume that online automatically means worse. Yes, the experience is different than in a live classroom, and there are indeed serious challenges for lab courses. However a normal lecture-based or discussion-based course converts quite easily to online format. In fact if the class sessions are recorded, there are distinct advantages in that the student can watch and re-watch a lecture as needed to understand the content.
What about the colleges your kid applied to made you feel those places were a good value? The professors will still be the same, much of the library will still be the same (lots of what they would need to access is online, and what they can’t get online the library staff may be able to ship to them), and once the students know who their classmates are nothing will prevent them from communicating with each other outside of class by phone, through social media, or with a tool like Zoom.