First of all, not everyone was making categorical claims. This is where people need to distinguish the nuances of similar opinions. I have loans out from school. The difference is that I followed my personal rule (by happenstance at the time) of not taking out more loans that your first year professional salary. As a result of this and making payment a priority, I will be done with them before I hit my 10th year in practice. I would advocate the same to for any area of education here are some bad ideas in education that I am against:
- Paying $150k to a third rate private college instead of going to community college when you don't know what you want to do with your life. $150k in debt for a psychology, anthropology, etc is a bad financial move
- Choosing to become a foriegn medical grad and then re-enter the U.S. instead of exploring the PA/NP routes
- Choosing a poor quality for profit PsyD/PhD program instead of a good quality masters program to become a MH professional
These are all expensive shortcuts in our educational system and I don't feel bad if someone fails to attain their way through a shortcut.
What I really dislike is these people coming here and telling me I am "elitist" simply because I am not for them taking a shortcut into my profession, struggling to pay off their massive loan debt, and taking a poor paying job that drags down wages in the field. Why would I be for that? This is the reason ABPP is being pushed. I now need to jump through an extra professional hoop and pay money to differentiate myself from a problem I did not create. Not everyone gets to be a clinical psychologist and frankly, this is a terrible profession if you are poor. These programs are not meant for the poor. They were meant for the well-off to give their family that could not compete academically a foothold in the upper middle class. There is a reason that most of these programs operate in major well to do cities across the country. The people I know that went to these expensive programs are often white women, several had parents foot the bill entirely, and they are often married or getting married to someone with a six figure income that far exceeds their own. Now that this market is tapped and student loans are easy to obtain, the hopes ans dreams of those that may not be able to realistically attain this degree is easy pickings. So, I am the bad person for "crushing their dreams" rather than the institution being bad for offering a pipe dream that is unrealistic. Okay.
EDIT: If I really wanted to be mean to people, I would encourage going to these programs as much as possible, allow them to get into debt, and start a private practice. Then hire as many of these people that get licensed for a poor salary knowing that they are in financial indentured servitude due to debt, and then retire to Florida in my Ferrari.