Comment Have you considered the Academy (Score 3, Insightful) 283
If you want to work in Aerospace, have you considered applying to the Air Force Academy? It doesn't meet your radius obviously, but going to a school based on location might be a mistake in general. I don't know your situation, but you asked here so you are going to get all sorts of answers.
Yes will you have to put in some time to the Air Force when you get out, but if you have an aero degree and some time in the air force, you are almost guaranteed a job when you get out. This idea is obviously a long shot as the Academy is probably harder by the numbers to get into than MIT, but it might be the best decision outside of Caltech.