Opt expiring soon, H1 sponsorship not in sight

[meroavi]

Present Scenario:
I graduated (bachelors in finance) in Dec. '07, and started by OPT on 6th January, 2008. Although I worked for this company for couple of months, they decided not to sponsor for my H1, so I quit. Right now, I don't have any leads to an employer who can sponsor for me. Even if I find one who does (after Oct, before Jan), the application cannot be filed before April 2009, and I won't be approved before Oct 2009 to work.

Question:
1. What are my options other than going back on F1?

I checked out couple of Masters program, and most of them either didn't start till Fall 09, or I am too late to apply. Going back for a year on second undergrad degree is an option, but I feel is expensive and a waste of money.
So, going back to school as a full-time student is an expensive option that I cannot afford.

I heard there are online classes one can take from anywhere in the US that issues I-20 for upto a year. If so, what are these classes, and where can I get any additional information? Also, do I have any other options?

Many thanks in advance!

meroavi, Maryland

[txh1b]

Does your degree qualify under STEM? If so, you could try the OPT extension. But you cannot be unemployed and need to have a job.

No point in extending stay and wasting more money by looking for means to stay. Go to your home country and try to find a sponsor for your H1b.