Genxsux,
Yes, you can become a licensed engineer, with time and experience. But it strikes me you are going backwards, a lot of LAMEs I know spend their spare time working for a degree to get off the spanners and on to a the managerial ladder. I know you might argue you want some more hands on experience but I think you could have difficulty convincing an employer of your sincerity given your background. Anyway I wish you well, aviation needs more of your kind.
James