I, myself , am debating the same issue
For me, it's better to show personal funds for the first year and use the loan facility for the second year of education.
I checked the monthly repayments of salliemae and felt its no such a big deal to repay the loan even if working from the home coutry...
Even the schools which are ranked between 10-20 are offering loans to internationals without any cosigner. Kelley school of business, Indiana is one such schools. I will be joining this school this fall.
Following is the information about the loan to internationals on the web pages of Kelley...
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