Caverject, we know that CNCP students can only take out private loans, we were just comparing normal pharmacy loans versus private loans. If you have good credit though, you should be able to beat the grad plus rate easily. Heck, I can get 1.9% on a balance transfer for the life of the loan on my credit card with only a $75 balance transfer fee.
Unsub is 6% not 6.8%, I'm looking at my financial aid package and that's what it says.
There was a total BS bill in Congress by Senator Kennedy that was going to reduce the Subsidized stafford rate to 4.3% by 2011 phased in over the years. The scam part of this is that it makes it look like Congress is doing something. It only affects Subsidized not unsubsidized loans which are a small part of financial aid, the rest are stuck at 6.8 and above. The student loan lobby is too powerful so us students get stuck with 6.8% Stafford loans. On my undergraduate loans from a couple of years back, I consolidated my stafford loans to 2.2%.