Speech language will pay a lot more than psychological counseling (LCSW, LMHC, MFT). 50K would be a very generous salary, think capping out at 45K and starting at around 29-33K. Most people go into this field because they have a need to help others, and employers know it, so think zero money and a case load that makes no sense what so ever, people in my agency who provide therapy have 400 clients at any one time (and I work for one of the most lucrative jobs available for therapists), providing people an hour of counseling every six months or so. Not enough to make any difference. Private practice is competitive, and at the end of the day there is only so much you can collect from insurance, so many billable hours and you will still not make much money. Same if you have your ph.d, you still don't make a lot of money.