What is the real economic benefit of doing your Masters

What is the real economic benefit of doing your Masters?
I have years of marketing management experience, and people keep telling me that spending $12,000 to obtain my Msc would be a waste of money as the experience counts more at this point. I want those little letters though! What do you think? Especially those who have been there...
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1
Masters degree=more money


2
I wonder the same thing..


3
I'm a dummy but my daughter tells me it makes a big difference in pay with her field, I would get that thing, that is quite an accomplishment.


4
depends on the quality of the masters but it can gain you more experience and connections within your industry