Students often have trouble with complex concepts like "deadlines". Putting a paper out late will sink credibility. Until the ropes are easy, ask to see clips. No clips, no job. Soften up when you're established and can afford greater risk. My suggestion: buy cheap camera ready conservative copy from syndicates. Your readers will like reading the best conservative thinkers, and the cost is cheap for small papers - often pennies per column.
Another thing to consider will be: how are you going to get writers for the paper? College students on a per-word basis, interns, or community members who submit articles on consignment?
Well, to be perfectly fair, I learned about deadlines while in high school. (I had a really tough coach who ingrained the discipline of punctuality and deadlines. It was well worth it!
By the end of college, you still have most of the kids with clips, and some with more. I'd set the standard a little higher.