I am currently working as a nanny, but i have a bachelor degree . My current employers want to sponsor me for a green card . Will the fact that I have a degree hurt my chances?

Other important info ;

Unmarried over 21
My mom ;a legal perm resident ;filed I-130 for me in April of 2003 (Vermons Svc Center)

I am currently out of status.(overstayed my student visa)

Angela,
Visit this link, you can see under what category you (or your sponsor) can file your application.

Good luck.