EFC confusion; 1 in coll last yr = $35k; now 3 in coll =$20+$20+$20??

You can take a Plus Loan up to the cost of attendance every year…but honestly, that would be $160,000 in loans for you, plus $28,000 in loans for your student. That is a LOT of loan money for undergrad school, and I would not suggest it if there is any alternative.