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I was recently in the same position and have decided against it. To do the field work that I'm interested in, a masters was simply uneccessary. Right now I've got a few companies in a bidding war for me, and all of them offer up to $12k+ a year in tuition reimbursement, so I always have the option of going back and getting the masters on their dime.
My advice would be to work for a year or two to make sure you're in the field you want, and then go back for it. SEVERAL of the companies I've interviewed with for engineering roles that actually favor having a masters preferred either an MBA or masters in project management, so waiting may help tailor towards your needs.
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