Hmm... I think you've got the cart before the horse here. I think the plan of attack "was" (Ed Balls) to change most routes into education, such as the PGCE, into awarding a full M-level qualification at the end of it, instead of just 60 credits towards a MA. All those currently working in education could take the distance learning route (Masters in Teaching & Learning) to upgrade their professional status. The Government is talking about making the teaching qualifications of Masters level, not your subject area of specialism. In my opinion, there is absolutely no need for you to do a Masters in Education now as experience is just as, if not more important. The option to do the MTL qualification will still exist in the future (albeit with less funding now thanks to the Con-Dem Government) and you will surely find that it will be easier to study a MA in teaching easier after some real experience? Your acceptance onto an MA in Education will be almost guaranteed with some experience behind you as well. So it's up to you really... take even more time out of work/industry to get your masters at University.... or take the distance route to "upgrade" at some point in the future with the MTL course like every other teacher will if this becomes statutory. OR.... teach for a bit and take a year out if you wish to return to HE! I hope I got all that right? I'm relatively new to the profession myself and it seems every sector of education is in relative disarray at the moment!