You are going to have to work with your school's Designated School Officer (DSO) or another school's DSO and reinstate your student status because if you do not and you remain out of status, all doors through employment, investment and study are closed to you unless you leave the U.S. Here is a link to reinstatement:
You have 5 months to reinstate, so do not waste time. If you do not reinstate and you overstay, then you have the following options to fix your status and not leave the U.S. and risk a 3 year or 10 year bar:
1) Wait for the immigration reform that comes out. If it is approved the way that they are intending, then you may be able to get Residency if you entered the U.S. early enough.
2) Apply for Asylum (you had to have done this within the 1st year of being in the U.S. unless there is a credible excuse or changed country conditions), Withholding of Removal, Convention Against Torture, or Cancellation of Removal. The first three things are if you fear to return to your home country because you believe that you will be specifically targeted due to your race, religion, nationality, social group or political opinion and that you run a high risk of great bodily injury, torture, or death as a result. The last, Cancellation, you would have to prove that you have been at least 10 years in the U.S. AND you must also prove that if you are deported, a U.S. Citizen or Lawful Permanent Resident that depends upon you will suffer exceptional and extremely unusual hardship. This hardship must be something more than emotional separation hardship or financial hardship, so it is difficult to get.
3) If you marry a U.S. Citizen (for love, of course), you could file for Residency without having to leave the U.S. and the same if you had a U.S. Citizen son or daughter over 21.
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