Time to seriously think about what to do

As I've mentioned before I have 4 options available to me at the end of this semester.

1. Go do my internship. If I do it now I want to do it in the US, in New York, and work for either a medium sized hotel or a well established larger restaurant.
pro: it will give me valuable experience in the field, experience not gained through pure schooling
con: it will take time away from actually earing money again, and could potentially be as long as 12-18 months (probably 12).

2. Defer my internship and go to Kendal Univeristy in Chicago. I have the choice of pushing my internship back until after I get my BA thus getting real pay for a real job, and submitting a report after 12 months. Kendal is a sister school of Les Roches so it would be no problem getting in and I'd be done in 2 semesters.
pro: get paid sooner, admissions is no problem, similar school to this
con: unknown status of school (same issues as Les Roches?), lower level of prestige

3. Defer my internship and go to Cornell. Cornell would be amazing but would take longer and there is no guarantee that I'd get in.
pro: huge prestige and credentials
con: could be more expensive, will probably take 2 years to complete (4 semesters), might not be able to get into school.

4. Show the school that I've completed my internship through my work experience, get my diploma, and just work.
pro: fastest way to the work force and income
con: no degree

Obviously there are some various combinations of the above...and a lot of questions to be asked. So currently I've sent emails to both Kendal and Cornell to get more information from them, and am working on contacting places to work at (internships) in New York.

Choices choices choices!!