<p>How can you ask this without saying what FIELD you are in?</p>
<p>I’m assuming you are in science/engineering, in which case the “problem” with PhDs is kind of related to one of sakky’s points: PhD graduates are not “losing” to people with bachelor’s, that should be obvious. It’s difficult to find a place where you are rewarded appropriately for your degree, both in terms of salary and fit to your (now highly specific) area.</p>
<p>As far as leaving off your degree goes, I think people are missing the point. Being overqualified doesn’t relate to how good of an employee you will be for your company of interest. The idea is that its probably in YOUR best interest to work in a place where you can use your talents. If you choose not to, that is your choice, and your resume can change accordingly. At no point are you choosing to lie.</p>