I have had my masters in student affairs, and since entering the Unites States at a young age, had come from a humble background (low-income). My undergraduate degree is in Psychology from a prestigious institution and I graduated with both research experience and a 3.9 G.P.A. After working in student affairs for a few years, I have re-discovered my love for Psychology and want to get my PhD in Counseling Psychology and become a professor at a teaching institution. While I see this offers many options (teaching, research, clinical/licensure, etc.), I am doubtful that I want to go through an additional year beyond the 4-5 years. For example, I would need to be "placed" in a competitive internship and then I am hearing I must get a post-doc, when at the end, I will be in a worse financial position than I was at the beginning.
All this to get a teaching position at a SLAC? Is this worth it, if I am coming from a background where I had to fund 100% of my undergrad degree in loans, and don't have any form of financial capital to fall back on? Please help me understand the job market in Psychology as it relates to my situation.
Thank you for all for your assistance.