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HappySqurriel said:
richardhutnik said:

The pay differential between a BS and a Masters in comp sci/info systems is least of all majors.

You shouldn't group Information Systems and Computer Information Systems with Computer Science because there is a difference between the kinds of institutions that give out Information Systems or Computer Information Systems and Computer Science degrees. Most accredited Universities tend to give out Computer Science degrees, whereas Information Systems and Computer Information Systems degrees tend to come from community colleges and schools like Devry. 

There are typically fairly noticeable differences in unemployment rates and average wages when you de-group these degree fields. Consider that the median starting/mid-career salaries of the following degrees:

Computer Engineering:            $61,200 / $99,500
Computer Science:                $56,200 / $97,700
Software Engineering:            $56,700 / $91,300
Information Systems:            $49,300 / $87,100
Computer Information Systems:     $48,300 / $83,100
Information Technology:         $49,600 / $79,300

http://www.payscale.com/best-colleges/degrees.asp

 

With that said, there are reasons why a graduate degree in a field like Computer Science don’t offer much in the way of a salary boost; and the primary reason is that most employers would rather hire an individual who has 2 extra years of relevant experience than someone with 2 additional years of education; and about the only time the graduate degree gives you an advantage is if you took a research based graduate degree and the subject of your research directly relates to the company’s core product development. An example of this would be someone who has a graduate degree in computer science and was researching graphics would probably be in higher demand for a game developer who produced their own in-house game engine.

Actually, the best way to get a masters in Computer Science (or most any engineering degree) is to bet your BS, get hired, and then get your employer to pay for your masters while you're working.