DATA-DOG I don't know you or your family's situation, so this is my opinion generally speaking...
If the parent has been completely honest with their children, then open discussion about true feelings towards "baptism" is never going to be a problem. If the parent believes the child is not mature enough to sensibly decide whether or not to get baptised, but she thinks she is, she will have the support of the congregation and the parent can either try to manipulate events to prevent the baptism from happening - or they take affirmative action by having a "real conversation" with her.
The options are no more complicated than that.
The question is however - have you been open and honest enough about what you believe to have that conversation with her?
A general example - when someone is fence sitting in The Watchtower for the sake of waiting for the "right timing" or the "right situation", it's only then the web starts to weave and things get complicated. I left the Watchtower cut and dry - it was very hard facing my family and telling them - but when I realised that all of my life I had expected truth-seekers to give up their families and friends to become a baptized JW, why couldn't I practice what I preached?
Truth can be painful at the beginning but it's worth every sacrifice. I have a friend still in the Watchtower who is to his own admission, living a double life. In that he knows its not the truth, but is "waiting for the right time" to leave - years have floated by and he is more miserable than ever - plus his realationship with his wife has become strained as a result. It has created resentment and some bitterness - they are wearing each other out. While my life continues to get better - his is circling in auto-pilot whe he waits for a miracle solution to come along where he can leave without, as he puts it, "any fall out". But The Watchtower net is tightening - his delaying tactic has not made life easier for him.
Back to your daughter, I believe if she is an intelligent and relatively balanced/sensible 16yo, then, suggesting she "goes to college" etc to delay the decision making process is manipulation. Please don't be offended, this is not a criticism toward anyone here, but it is what it is. Good intention is not an excuse. In reality it's a delaying tactic to avoid the "real conversation" about what you believe!
I have yet to meet anyone who has thanked their parent for "not being completely honest". Kids like to know where they stand with their parents.
I've notice not one single person here has asked about her - what does she want? That is where I would start with her. She is 16 now, do you know what is in her heart - what she wants for herself - what are her hopes and aspirations for the future? Is college what you want or what she wants?
One possible scenario, (not a statement or accusation):
"Maybe she wants to one day leave the Watchtower but is too scared to tell you, because while you have been skirting the topic, she doesn't really know what you truly believe?"