That may be true but we're talking about an anecdote. The U.S. Bureau of Labor Statistics tracks that people with a high school education, on average, earn about half of what people with masters degrees earn [0]. It's easy to lose the big picture when focusing on an outlier.
In the chart linked by mmcwilliams, an undergraduate degree in engineering would normally be a "Bachelor's Degree" - assuming the certificate awarded at the end says "bachelor of science" or something similar.
Some engineering programs make sure students are learning specialized practical skills, others make sure they get a solid grounding in basics so they have an easier time in picking whatever engineering discipline strikes their fancy.
The differentiation here is usually that a professional degree follows a bachelors or undergrad degree. Law school and medical school are categorized differently than masters degree programs. In US colleges an engineering degree would typically be an MA and in some fields the MA is not a terminal degree.
[0] https://www.bls.gov/emp/chart-unemployment-earnings-educatio...