The effects of physical aging, degree of crystallinity, and orientation of poly(lactic acid) (PLA) were studied using differential scanning calorimetry (DSC) and wide angle X-ray scattering (WAXS). The samples of PLA with 96% [L] and 4% [D] contents were prepared by injection molding. The physical aging of PLA strongly depended on time and temperature. The change of rate of physical aging was very fast initially and slowed down as time increased. The enzymatic degradation of PLA was carried out with proteinase K at 37°C at a pH value of 8.6 in a Tris/HCl buffer solution. The enzymatic degradation rate was found to decrease as a function of physical aging (i.e., excess enthalpy relaxation). The rate of enzymatic degradation of PLA decreased with the increase in crystallinity. A threshold was observed when the heat of fusion was less than 20 J/g. The weight loss of PLA with a low level of crystallinity had no apparent change during any period of testing time. The rates of enzymatic degradation of stretched and injection-molded specimens were comparable.