Use a hammer & prick punch (pointed) on top of a hard surface to firmly mark the center of your hole. Move to the drill press, and with the cheap baby medicine dropper you picked up at the local drug store, place a generous drop of brake fluid on the marked spot in the SS. Every time it dissapears, put a little more there. This does three things: it lubricates the bit and makes it cut easier. It dissipates heat and reduces (somewhat) work hardening of the metal. It tames metal chips a bit, though SS tends to not chip too badly compared to some other harder metals. The big thing though is the heat generated, that's what wears your dad's bits out so fast and can be greatly reduced by being generous with the brake fluid. Technically, the nitpickers will say you should be using the proper cutting oil for the type metal and bit speed but save your money so you can buy dad a drill doctor to sharpen up all the bits you dulled and all the ones he's dulled. I guarentee it will pay for itself in less than 2 years... Have Fun!