I have a liberal arts degree which led to a paraprofessional job in a library. Everything I learned in college, including a reading knowledge of 4 foreign languages, has been useful to me every day on the job. Excellent writing skills are another useful skill I learned in college.
My son just graduated with a degree in writing ... and he got a full time job with a publisher a month after graduation. Makes more money then I do. So don't rule out liberal arts degrees. It is a matter of what the student is suited to. My daughter is a senior in high school. She is going for a career in nursing. She will make an excellent nurse.
I am helping my children through college--but I too refuse to take out a parent loan. I know of a couple of people who are in debt for tens of thousands of dollars, whose children are currently back home in their old bedrooms, not working. I took a lesson from that: don't sign away your retirement money. If your kid wants the education, he or she is the responsible party, not you. But that doesn't mean don't help them--do what you can. Education is important.
My son took out student loans: he is on track to pay them off in 10 years. I don't think that is unreasonable. He also worked at a couple of jobs to get through college, and he received scholarships. My daughter will do the same. She has also thought about the military. It is her choice.