The only fix I have found that worked, finally, was to go into the Metahuman parent hair material graph (M_hair_v4 in my case), and make sure your SetMaterialAttributes output node is connected to the shader listed in the Feature Level Switch that you are actually using in your preview device profile in the project editor settings. I am on a Mac using SM6 and after connecting the node to SM6 all hair problems are gone. Default is ES3_1