🚀 go-pugleaf

I know we've been through this before, but I wonder if anyone has additional
 feedback, and I apologize for the personal nature of the questions.
I'm 46. I've had a successful career teaching handicapped people. (E.D.,
L.D., N.I., etc.)  I have a Master's degree in Spec. Ed., minor in
psychology.  For me, there's nowhere else to go in Public Education.

I applied for and was admitted into a Psy. D. program.  (I need to work full
time for as long as possible, so the Ph. D. program is out of the question.)
 It will take 5 years and $50,000  (not counting books, time lost for
practicums and internship, and interest on the student loan.  (While I was
extremely happy about "getting in," I deferred my admission for a year,
daunted not only by the time and cost (and I do not mind nor dread the
effort), but also by the spectres of capitation, oversupply of doctoral-level
psychologists, legislative disregard for mental health care, etc.

How viable is the M.C. degree?  Is it a viable alternative to the Psy. D?  Is
it true that Psy. D.s will have a hard enough time getting either work or
patients that it would render such a long and expensive undertaking a
ridiculous experience for someone my age?

I know there are no "real" answers for these questions, but I would
appreciate feedback from people in similar situations, or from people with
specialized knowlege, because it'll soon be crunch time again, I can only
defer admission for one year, and I still can't quite overcome the decisional
inertia that even Issac Newton would marvel over.

Thanks

G. Tarkan