There is no guarantee that immigration reform will actually take place and if it does, when.. It sounds like you know the consequences of remaining in the USA under the current law. So whether you choose to accept the consequences and stay or return to your country is up to you.
I do suggest you sit down with an experienced immigration attorney and discuss your alternatives on a one-on-one basis.
What reform? Nothing has happened.
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Sometimes I get surreal feeling with all these reform questions. This one is 12th for today alone. I assume you are well educated and intelligent person. Master degree after all. You probably listen to news and read. How you can expect us to predict what the new law is going to do or say, if we do not even know or are sure or, at least some of us, even believe, there will be a new law?
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There is no "reform."
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You have overstayed your visa and are currently illegal/undocumented. you have already taken the risk and generally, if you were inspected upon your arrival in the US, it is worth staying here even without an Immigration Reform.Ask a similar question