It's funny, I'm contemplating a similar thing - whether to study nursing after I have my next baby rather than go back to work fulltime. I may later do a postgrad in midwifery, I'd like to but am a little worried about how I'd handle some of the sadder aspects emotionally. Here in Perth you don't have to do nursing first, midwifery exists as a stand-alone degree as well as a postgrad option. I'd probably be 32-33 before I get started, all things being equal