When should I start working on my Master degree and PhD

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dmunene2000
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Hello, I am currently doing a coop with a nuclear power company as a mechanical engineer. I was wondering if it is worth it to keep going with my education as far as a masters degree then phd, or will it not make a difference in pay?
 
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get an experience first and then do your Master. (and yes the Master will raise your salary).
like 5 years of work experience and then go back to school.
get a PhD if you want to go into the academic field like being a professor but about the paying thing ,a PhD won't make a big difference.