In theory, you would certainly think and hope so, especially if you are the one who spent all the time and money on the degree. But the reality is that hiring by degree has somewhat failed--- for a long time, employers tried hiring requiring a given degree as a qualifier thinking it assured them a certain employee, but it largely didn't work out that way, so they have broadened their scope to a degree being an asset, but not the final determiner.
People have found that there are a lot of people out there who have degrees who fall far short of expectations while others with lesser degrees, or maybe no degree at all but just a lot of talent or experience have greater potential than their CV might otherwise indicate.
In the final analysis, degrees should be welcome and considered, but employers really need to look at the actual history of what the candidate actually does or produces, and brings to the position beyond just what is on paper.