I am starting a Ph.D. program in the fall after leaving another profession. If you look at the Guide to US Psychology Programs, they have a scoring system for Ph.D. programs as to their emphasis on research vs. clinical - strong research emphasis being a 6 and strong clinical being a 1. I limited my list to those programs that were balanced around 4 or 5. I limited my list to those schools with 100% APA internship rate, good matriculation rates around 5 years (including internship), and those requiring 2,000 clinical hours prior to graduation. I didn't have many on my list, but I got into one and decided to do this rather than a Psy.D. Why? Not because I predominantly want to be a researcher. I am interested in writing articles, teaching some, but not in bein an academic - at all.
Why a Ph.D.? In the long run, a funded Ph.D. is cheaper for me than an unfunded Masters, MSW, or Psy.D. in my area. Also, the research training will make me a better clinician I believe. I think it also gives me so many options in what I can do. Since my other degree is a JD, I am already qualified to do mediations, and I believe that the Ph.D. will help me in those areas and in forensic more than a Psy.D. As an attorney, the parnters that I worked with only enlisted the help of Ph.D.s and MDs except we did have one Psy.D. neuropsychologist. These were really big cases though, but it did make a difference. However, I do not think that this in any way diminishes the value of the masters degrees or Psy.Ds at all! There are so many wonderful masters level clinicians out there and Psy.Ds. However, I think that making the Ph.D. a purely research degree also misses the point - isn't the point to apply this research at some level? There has to be application.
Well, maybe I am making a mistake, but I feel that the Ph.D. gives me more options and when you look at the money at least for me (my husband will be making a good salary also), it makes no sense to pay for my education. It also gives me the incentive to finish quickly.
I have heard wonderful things about Psy.D. programs like Baylor's, but I have heard horrible things about a local Psy.D. program in Denver from an alum. He said that it was a therapist farm and it sounds like it is really expensive!