Drinking won't help--one thing that may offer some positive options
is to check with the University financial aid offices--if you are filing for
bankruptcy, that would very possibly mean his funding package may be very different.
The financial form you file--FAFSA--see if this means you can file an amended one
or how it works in each place.
You might find he is eligible for more "free" money due to this.
It is at least worth checking and may remove some stress.