I agree.
AeroEng MEng - 4 years, probably £60k including living costs.
AeroEng MSc - 1 year, probably £25k including living costs.
That's a lot of flying!
Do aero-eng if you want to be an aeronautical engineer or allied trade (test pilot, military officer...), or if you have a deep fascination for the subject. But, it won't help you much for pure piloting careers.