As said, the speed of light can be affected by mavity, but does appear to be constant in a vacumn.
However if light was to encounter the theoretical black hole, then light itself would not just "slow" down, it would not escape even. Thats why black holes have not yet been discovered by astronomers, but for all intents and purposes are accepted to exist in science.
My physics teacher, used to use water (as I am sure nearly all physics teachers do) as a way to explain how light moves around the Universe, it gets dispersed as others have said by glass/prisms and as a wave/particle the photons do seem to remain constant unless they face an obstacle. I resume thats why light from very distant stars is seen as weak, because the energy has been dispersed...
Your idea about light would be an elegant idea, however if it was the case and here is something that really does my head in then the light and and energy created by the Big Bang (Another theory about the creation of the Universe) should still be bouncing around for the human race to witness...Only a remnant of that event exists but not in the form of light, it is called white noise, something that astronomers can pick up with radio telescopes.
Btw according to Wikipedia, light speed is 186,282 miles per second. They used to think it was 188,000!!!
Cheers
Von