If you have not received any offers from clinical psychology programs, do not be discouraged. I wish I had been rejected when I applied, so I could have applied to medical school instead and specialized in psychiatry. As a 4th year PhD clinical student in a leading university-based program, I feel like I have wasted 4 years of my life. I am now preparing to leave the program to start on the road to medical school. Why??? Read on... Most of my friends who are now completing their post-docs at top sites (Johns Hopkins, Brown) cannnot find good jobs (i.e., jobs with insurance and start around $50K). The interns where I am doing one of my externships (Psy.D. interns) are scrambling for post-docs that pay $28K-30K. Matter of fact, one of them is in the preparation stage in regards to going to medical school. As a psychologist, especially in the current climate, you will be competing with MSWs and LPCs for jobs. Oh, you will probably get the job but will be paid an MSW's salary. There are approximately 700 students, many of them high quality students, who cannot find pre-doctoral intersnhips. Although they will eventually find something, they probably will have to wait around another year... There ireally s a glut of psychologists... You may not think so because it is so hard to get into graduate school, but there are so many schools (PHD, PsyD) all over the country that the total # of people graduating out-strips the demand! All the while,your psychiatrist friends will be making more during their residency (year 4 of school) than you will probably be making with your Ph.D. Of course, there are exceptions, but they are very, very few. It is definitely not all about the $$$, but it becomes hard to study when you wonder how you are going to find a good job... I am just posting this because I wish someone had warned me...
All that glitters isn't gold....