K.S.
Sure you can have both! I was in college when my kids were little, 3 and newborn and managed to do it. I ended up taking a break for about 10 years and all of my credits were still good. I got my BA in 2001 and am now in grad school. My kids are now 23, 20 and 17. It has been a great example to them for college and my two oldest are in school and my youngest will head off to college in the fall.
Go for it! You can do anything you put your mind to. Just take it slow so you can find the balance between school and family.