It's just not really enough of a difference to matter to me, to be honest. Median income for LCSWs is 68k, median for clinical psychologists is 88k; when you consider that one spends 5 more years in the workforce while the other is still in school, that's literally hundreds of thousands of dollars of lost income you need to play catch up on. Feel free to chime in if anyone sees a flaw in this reasoning, but I feel no real regret in taking a pass on this career, particularly given the fact that most students I've ever interacted with seem more psychologically ravaged than the clients they work with. I guess it comes down to how important it is to you to do clinical research, and after a few years of exposure to the eternal traffic jam of academia, I'm literally wiping my brow and saying "Whew" thinking about it. I'm just not that kind of person, though, and would much rather focus on clinical work.