Clinical psychology has more hassles than medical school, but without the pay, stability, and respect. It is more competitive than medical school and with more regulations. Physicians can practice in other states, but clinical psychologists cannot easily move from state to state.
Sure every profession has its drawbacks---but i'm not aware of any other profession that requires 5-7 years of graduate school, then an accredited internship (when few exist), then even when you graduate....you need another 3,000 hours of supervised training to get licensed, have to take exams, and also other state regulations (california requires extra coursework and other states require an oral exam).
My friends who went to medical school (who are now making $300-400,000 in psychiatry) are shocked by what we go through b/c they think of psychologists like social workers and assume that we are at the same level.