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[quote=Anonymous][quote=Anonymous]Thanks for sharing. Do you think it's possible to make that amount with just a master's and not going the PhD route? [/quote] Yes, it's possible. However most masters level therapists will accept insurance, at least for a while, to build their caseloads. Insurance won't pay for therapists charging the higher hourly rates, so this limits income to the therapist. I don't accept insurance, but I have a Phd and can attract private pay clients more easily with this degree. A good friend of mine with an LCSW out earns me, but she has a specialty and an established 15-20 year practice.[/quote]
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