That one's been pretty well covered. A lot of writers, myself included, suggest that NOT majoring in English is a good route to go.
However, there are good reasons to choose English. Ookla has mentioned editing classes, which are very useful. Another good thing about English programs is that if you plan to be a writer, and take writing classes, then your homework is writing--which you should already be doing. The classes, then, won't teach you a ton, but they WILL be a lot easier and a lot lest work intensive than other majors, which will let you spend your time writing. That's what I ended up doing.
As for good lit programs, I think the best on the west coast is still Stanford, if you can manage it. They have a great writing program which is not focused on a degree--only on the writing. In fact, I don't even know if they give a degree for writers. However, it sounds like you might be more interested in being an editor. In that case, Stacer is the one to listen too--as well as Ookla. They both know a lot more about it than I do.
However, in sf/f, a lot of the editors get their jobs through work experience. They volunteer first, do unpaid internships, and worm their way in. So, schooling is important--but any respectable school will do. The step after that, surviving in New York (or, in some cases, Boston or Chicago) while you do jobs for free is tough. Heck, even getting those unpaid jobs can be tough.
You say anything on the west coast is open for you? I'd look at Stanford or UW (Seattle) first. Other than that, I can't really point you in the right direction. BYU is, unfortunately, not the best choice for these areas. I'd go the University of Utah for anything literary before BYU, if you can get in. (I got rejected, but that was before I was published.)
Oh, and Moshe got into publishing by reading for magazines when he was a kid, becoming a rabid fan and going to all of the conventions and meeting everyone in the publishing industry, then eventually becoming an intern at the science fiction book club.