KatBrainGeek,
I don't mean to confuse you and make your decision harder.. but don't listen to the people who say that someone with a PhD can't work in the schools. They can and they do!
Sicologia, I thought you would know better about this.
Maybe this is a regional thing that is slowly spreading around the country, but School Psychology is a changing field, NOT just assessments and evaluations, testing, etc. Intervention and prevention is becoming big and so is less time spent on testing and more time doing prevention work.
The career requirements are moving from the Ed.S to a PhD/PsyD. So you would be in a better position to secure a job by the time YOU graduate from a doctoral program. I would also suggest getting a PhD if you want more options, (researcher, hospital work, professor) etc. The PsyD could do the same, but prospects are better for the PhD in those areas. Just want to work exclusively in schools or hospital? Get a PsyD, keep in mind, the funding will not be good!
So all in all, for you right now as an undergrad do your research and see how much the field is changing. I don't have the time to to tell you everything about the field.
Don't listen to those people who are saying, "school psychs do this," "school psychs do that," "you'll be overqualified in schools with a PhD," yadi yadi ya.. as if it doesn't take that much to become an SP!
All I can say is that if you do your research you will see how "hot" School Psychology is becoming, how and why it's needed. Counseling Psych programs are being phased out (no offense to Counseling Psychs) and Clincal Psych (managed care, social workers)... well you get the idea.
If you love working with children, you'll eat well in School Psychology!
Want some more in depth info? PM me, I'll be glad to speak with you further.
Best Wishes in whatever you choose!
By the way, he's a link to the program Im in, tells you exactly what the Ed.S/PhD fuss should be about!
http://www.psychology.ilstu.edu/school/faq.html