P- pretty

H- hard
D- dick

PHD means "Penetrating Hard Dick"

"I have a PHD."

playa hatin degree

Pimping Hoes Degree, its the degree that all pimps get to pimp whores.

Originally used to describe Higher education, achieved, doctorate.

But also used to describe a...

Playa hatin' dick head.

Pretentious hipster Douchebag degree, certifying that one is apt to frequent internet comment boards; argue for the immortality of Uwe Boll and/or think the country at large should pay attention to Williamsburg instead of nuke it.

An acronym that stands for:

Public Highschool Diploma