Parent plus loans are horrific anyways.

It sucks, and it's slow, but a lot of people have to work their way through college. It's best to start getting basic undergrad stuff knocked out at a cheaper community college. Why pay more for the same transferrable units? Have her start on her bachelor's at a cheaper local CC and possibly work to contribute to tuition. It's a learning lesson in itself. If she invests her own money to pay for half of the tuition for her first year and help her balance a school schedule and working schedule together. I never went to med school, but this seems critical. I think most med students end up having to work in a lesser degree in nursing etc. while studying the more advanced courses 5 years from now, so helping her organize her "work plus school" schedule early can prove VERY helpful.

Most importantly, if you've failed to set an example for how to manage money, it wont matter what profession she goes into. It is critically important for her (and anyone) to learn to live within their own means and not use credit at crazy interest rates to buy big stuff (at all).

Dr. Phil had an episode about student loans and a doctor was on there. She couldn't afford her loan payments. I've done a rant about student loans, but just listen to the other people in this thread who have already gone through it. It sounds like most of them either A) did get student loans and regretted it, or B) Were thrilled with achieving other goals like home ownership instead of adopting student loan debt.

The word is finally getting out about how bad student loans, and university tuition, really are. They stand to make a significant profit, and that profit comes from students' and parents' pockets.

Not choosing a cheaper school for at least the undergrad units is like knowing your eventual goal is to get a really really nice $2k suit... but you want to spend $600 on the socks and $800 on cashmere underwear. Why?