I am working in university sponsored H1B visa from last 2 years, unfortunately I will be laid off end of this month(31^st aug). What are my options now?  My friends are suggesting couple of different options

Like:

going back to school (so F1)

going to desi consultancy for job placement with new H1B (I can start working without training)

find new job and transfer H1B(which is very difficult in this economic situation)

applying for B2(tourist visa) and find new job within 6 months

For F1: It’s already late to apply for fall sem in public universities.. so, no I20 until next sem, but some private universities sem starts from October and also Kaplan is there. I am thinking about joining MBA though I already have master in computer science.

My question here is does USCIS cares what type of university and degree I am joining, while switching H1B to F1? what are the chances of USCIS deny H1 to F1?

And going to Consultancy I talked to one consultancy they said they will find job for me but all with exaggerated resume.  Question here is, If they sponsor H1B , what happens If they can’t find next job on time(beach sitting)

which is the best option for me , when should I file to USCIS 

 Any suggestion is appreciated.

Thanks,