Well, I know of some degrees/fields that fit this description. They do exist. I'm not saying they're smart, in many ways I'm not sure. I think the black-or-white nature of posts like this can get pretty out of hand. I do understand the skepticism, trust me (I join you in it), but blasting away with hypberbolic statements won't win the argument. I, like others, considered applying to FSPS's on the first round, so we all know that there are literally hundreds and hundreds of people who are incurring this massive debt and then going out into the world to work as psychologists. It does happen. It's confusing to applicants, because they don't really understand the real drawbacks and I guess they don't believe it, either--"if they can go to a FSPS, accumulate this debt, and end up okay, why not me?" I really do think a rational explanation will do the trick here.