Hey mate,
Briefly? Pursue it if you have you have fundamental passion for flying and Aviation alike. The degree will burden you with a $100k+ HECS debt, I'd look into doing it full-time through a flight training provider instead, degree counts for something, but I wouldn't regard it as that beneficial.
Believe half of the
that you read on here, it's can be a rewarding path, remain motivated and focused.
Just my 2c, but I presume that's what your after. PM me on Brisbane training in particular.
Best wishes