A Ph.D. psychologist will be in school or clinical training nearly as long as a psychiatrist. Otherwise, a Masters and one year of clinical experience will suffice for a licensed psychologist in most states.thanks tcsenter. how does the amount of schooling and pay differ between psychologists and psychiatrists?
As far as salary differences, I can't say. It would depend on a number of factors; private practice vs. institutional staff, public vs. private sector, teaching vs. research, etc. As with real estate: location location location.
Edited because of a misunderstanding on my part.