Others are saying that you should go to MIT, and I really don't know enough to argue one way or another on that. However, you asked how do you come up with $40K a year with no education and no credit history?
First, if you think the debt is worth it (and I'm not saying it is or it isn't) talk to the councilors at MIT. they have people who specialize in charging kids as much as they can pay but not more. But generally speaking, if you are willing to mortgage everything you can, those people can help you.
Next, there is the question of a job. Do you have experience? if not, you are going to have a damn difficult time getting $40K on just a part-time job, and right now is an especially difficult time for people without experience. In the bay area, positions for people of your experience are around $30-$50k/year for full-time, at the high end.
I can tell you from experience that trying to go to school while working a full time job is extremely difficult. I'm not saying you shouldn't try; you got in to MIT; you are almost certainly a better worker than I am. But if you do try to work full time as you go to school; make sure you have a reasonable plan B.
First, if you think the debt is worth it (and I'm not saying it is or it isn't) talk to the councilors at MIT. they have people who specialize in charging kids as much as they can pay but not more. But generally speaking, if you are willing to mortgage everything you can, those people can help you.
Next, there is the question of a job. Do you have experience? if not, you are going to have a damn difficult time getting $40K on just a part-time job, and right now is an especially difficult time for people without experience. In the bay area, positions for people of your experience are around $30-$50k/year for full-time, at the high end.
I can tell you from experience that trying to go to school while working a full time job is extremely difficult. I'm not saying you shouldn't try; you got in to MIT; you are almost certainly a better worker than I am. But if you do try to work full time as you go to school; make sure you have a reasonable plan B.