boy, i didn't expect the replies you got, and i'm usually the -ve "get a job" poster !
i can remember several guys in my class at uni. who were doing their engineering degree as a fall-back, 'cause they were going to be pilots, and were planning for when their body let them down.
my opinion is that your degree is a "ticket to a ball game", and it's not which school you go to but how you apply yourself there. airplane companies have a preferrence for Aero. Eng degrees, but not exclusively. if you wanted a stress job with a Mech. Eng degree that you'd stop you; if you wanted an aero job, i think Aero. Eng is obviously preferred. what about test pilot ? (you're already 1/2 way there) ... not necessarily the "Chuck Yeager" (sorry if i got the spelling wrong) type, production flight test would keep you at home.
Your post suggests you're ununionised, which implies to me not particularly well paid for a pilot. in any case, be ready for a pay cut. i'd look around at where you'd like to get a job, see you you'd work for, and see what the conditions would be like. remember too (as the bread-winner) you'll be looking at several years paying for school, instead of getting paid ... that's not something i'd do without tons of thought (and cash). and if you were thinking of doing it part-time or on-line, it'll take longer or look suspicious !
a last comment on your last post ..."if the metal bends", i think (as the guy in the pointy end) that you'd count yourself lucky if you had lawyer problems ... given the alternatives.