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Based on those numbers daycare and College are a wash..
$300/wk at say 49 wks for 6 years is $88200. Just daycare. Not counting all the other incidentials.
$11 grand for 2 kids for 4 years is $88000. Just tuition. Not counting everything else.
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College cost will exceed day-care costs hands down. You're failing to take into account food, books, lab fees, clothes, game-boys, x-boxes, phones, small applainces, PCs, car insurance, used car for them, damage repair to your car, constant cries for money, posting bail....