Imagine you are talking about an Amazon SDE (software development engineer) or similar role, and not just the warehouse workers, the latter of which I would seriously hope could care less about your advanced education.
My experience with Amazon's SDE hiring process has been pretty disappointing. It's a lot like Google's, where they bring in a bunch of devs and managers to tech-screen you, with nothing more than a "raising the bar" afternoon course in interviewing experience under their belt.
If they can see themselves in you, maybe a younger version, then it's a pretty good bet you'll get an offer. If not, they're perfectly happy to waste your afternoon, and maybe get back to you with a no. Ask yourself: "How you could tell if someone, who's a more experienced developer than you are, is more qualified than you are?" If you don't have a good answer, that's ok, but realize the ones making that decision are in exactly the same boat.
The problem with Amazon's "bar raiser" approach is that it ignores that your average rank-and-file employee does not know how to value a candidate. When you hire only the best, and you have no idea what that actually means (the best are who work here already?), then it becomes a self-fulfilling tautology. Lots of false negatives, and probably some false positives as well. If you follow history, Sears was probably like this at some point in time.
TLDR: No.