Is a Master's Degree Worth It? (shecancode.io)

It depends where it is from and what did you learn during getting it. I visited two faculties and one was totally worth the time and effort I spent, and the other was just enough to put the foot in the door of a programmer's profession -- nice to go through if one didn't have any experience in programming whatsoever, but otherwise next to useless.

My experience says...depends. It did not make a difference in the current job, but it did on the next (a 5% bump to be exact.) As I've heard from others too, you'll likely need to change positions to recognize the value.