I find it odd that an MSW, who has not attended a psychology program, is advocating anything on doctoral psychology programs.
Let's just say it's easier to judge whether a program is a bad idea when you haven't already invested in it. A lot of self-deception can happen when you've poured all of your time and money into something.
You don't have to be a doctoral student (as a side note, I'm positive that my master's program was harder to get into than any of the bottom-of-the-barrel "doctoral" programs we're discussing) to look at the awful numbers for many schools. I'll echo what Sanman is saying about Psy.D./professional programs: a few of them are great, a few more are just okay, and the rest are supported by a combination of federal loans and wishful thinking. Only you can decide whether you feel it's ethical to encourage other students to spend hundreds of thousands of dollars on whatever program or programs you apparently think are stellar investments.