I didn't realize my personal success and the success of my colleagues and alumni was questionable.
It's not about you personally - although your list of answers to Sanman's questions sound eerily similar to many of the pie-in-the-sky kinds of ideas I had justifying my FSPS decision about a decade ago (when average debt loads were probably half they are now, and interest rates were many times less than they are now).
However, I think it's pretty indisputable that FSPS tend to graduate people (even from APA-accredited schools) that often perform just dismally - even embarrassingly compared to many of their colleagues. That's what people mean about driving down standards. Doesn't mean you won't land an APA internship and postdoc. Doesn't mean *you* won't get a great VA position, or maybe even land some great hard-money position at an AMC somewhere, or better. But think on this....
True story - obviously just an anecdote, but I think it's instructive. I graduated from a well-known, relatively (maybe not saying much) respected FSPS about a decade ago. I ended up doing some great training, getting a nice VA position, I'm doing relatively well (aside from my student loan payments, which does seem to function like a venereal disease that never goes away).
Anyways, there's a colleague I trained with, at least, this person started at the same time I did. As opposed to my total of six years of graduate work and training, this person took ten years completing training, with multiple practicum after interminable practicum. This person was really a terrible student, never seemed quite able to finish the dissertation, never seemed to actually land an internship. This person was very nice - but everyone that knew this person kind of agreed the issue was being a bit out of one's league most of the time. Eventually this fellow student graduated and got the degree, although I shudder to think how much more debt was racked up (the school charges you when you're doing practica regardless of circumstance). I last checked on this person about a year or two ago - this person has since gone back to doing exactly what this person was doing prior to getting into graduate school - touring flea markets and selling handmade items. Of course now this person gets the honorific "doctor."
I don't think you'd ever find that story coming from a funded program - even from one of the less-respected ones.