To reduce the degradation of polylactic acid (PLA) during processing, which reduces the molecular weight of PLA and its properties, prior studies have recommended low processing temperatures. In contrast, this work investigated the impact of four factors affecting shear heating (extruder type, screw configuration, screw speed, and feed rate) on the degradation of PLA. The polylactic acid was processed using a quad screw extruder (QSE) and a comparable twin screw extruder (TSE), two screw configurations, higher screw speeds, and several feed rates. The processed PLA was characterized by its rheological, thermal, and material composition properties. In both screw configurations, the QSE (which has a greater free volume) produced 3–4 °C increases in melt temperature when the screw speed was increased from 400 rpm to 1000 rpm, whereas the temperature rise was 24–25 °C in the TSE. PLA processed at low screw speeds, however, exhibited greater reductions in molecular weight—i.e., 9% in the QSE and 7% in the TSE. Screw configurations with fewer kneading blocks, and higher feed rates in the QSE, reduced degradation of PLA. At lower processing temperatures, it was found that an increase in melt temperature and shear rate did not significantly contribute to the degradation of PLA. Reducing the residence time during processing minimized the degradation of PLA in a molten state.