I was trying to decide the same thing a while back, and thought to myself" what will I use this degree to accomplish". The only thing I could come up with is moving into management. I decided to go for my masters in management info systems, because that would prepare me for management and it's alot cheaper than an mba. I decided to wait a while to get a certification, because in my postion the only I could really get certified in was an oracle dba. I did'nt want to have a cert with no experience as a dba, so I'll wait until I get in a postion that I can gain hands on experience before I get a cert.
Just thought I'd share that with you.