Agree with Thumper.
Hope your daughter has some affordable options, and has applied where she can get Merit aid.
FAFSA EFC is different from the college Net Price Calculator (NPC). Many elite schools give generous need based aid even for families making 200k, so make sure you run NPC on their website.
If you do not get any Fin aid from the expensive college, and have no college savings, then she needs to go to an affordable in-state or big merit school. (she can still apply now)
She may be disappointed at first but kids get over it, and it is better in the long run, than taking out huge loans for undergrad.