I havent been around much but just read this and felt the need to respond.
From the start I am just going to tell you that I am going to attempt to throw some cold water on your face and make you think with the full knowledge that you ultimately will do whatever you want redardless of who says what. We have had too many of these conversatins over the years both drunk and sober but I digress...
Take a half step back and assess where you are in life. Your in your late 30s with 2 young kids at home and a wife at the precipice of a very rewarding career. Both of you guys have sacrificed for years to get ready to flourish, you aint getting younger. At some point if you just keep planting crops and never harvest the field you are a shitty farmer regardless of how good a planter you are. It will take (Im guessing) 2 years minium and $50k to get this new degree to hopefully make $25k/more per year. IF you get the dream job the day you graduate.
That means you are 40 years old before this is a net wash and you "start" your "new career"..at that point you are too old to be a young gun, and there are guys 10 years younger with 10 years more experience.
You are half pregnant.
Never be half pregnant.
I would also tell you that HR departments in major companies develop job requirements and bend them everyday to fit the right candidate. If you have been working at a facility for 2 years, know the local hierarchy personally, there is an opening and they refuse to hire you because you dont have the requisite degree; they are being polite and using that as an excuse, in my opinion.
Now lets dig a little deeper. Does "engineering manager" simply require a BS in engineering or do they require a PE?
If the latter go ahead and add another half a decade before you can obtain a PE stamp. The ROI above is dwindling fast.
At this point in life you would be better suited to getting a PHD in CM and becoming a professor at ECU....and you are honestly closer to that than what you are aiming at now.
The only way this makes any sense in the world to me is if you are staving off student loans by still being a full time student hoping to win the lotto one day...but those chickens will come home to roost one day eventually.
You didnt ask my opinion but its never stopped us before
I'd look back in Hickory..there is a guy there I have a ton of respect for who has built a very nice solid life for himself. Take your knowledge, skills and exprtise and instead of dedicating 15 hours a week to another piece of paper for 2 years, dedicate it to starting something close to home. Start building house, crap its easy. Look at some of the folks doing it. I'd wager if you did that in 2 years you would be close to equaling the CSM income and could transition to that full time.
Like you I am on the construction side. The thing is we see the engineers as being the top of the food chain because we constantly have to wait on them to say "go ahead and do what you know is right"...then you talk to an engineer and he says "Crap I am a peon I am caught between the contractor and the Architect." Then I talk to the architects and they say "crap dont be an architect we spend all day having suppliers, engineers and contractors going back to owners who try to tell us to do something that wont work and when it doesnt work it is OUR fault"
I'll call you a friend either way. So let me know which engineering school you pick. But there is a reason I have a piece of paper with a BSEE sitting in a drawer, and never sat for the FE much less the PE and have paid my bills being "just a salesman" the last decade...