My opinion is you would be better off getting a GIAC Cert or an Offensive Security Cert (i.e. OSCP, OSCE). The OSCP Cert will be much more difficult than acquiring a masters and depending on your background may take longer.
For management types the CISSP or CISM is typically a good route since so many companies regard them highly (don't understand why but whatever)...
To be honest the best security folks I know have little more than a HS Education. Two are on Wall St making well into the 7 figures and another is working as the leading technical expert for one of the biggest credit companies in the world.
Sadly there are few Uni's that even offer a decent Cyber Security Track.