Does it make sense to do a DIY refinance with student loans using other student loans?

[predent1891]

I have prior Grad plus loans at 7.9% that I have taken out many years ago. The current interest rate for Direct Unsub loans are at 6% with a 1.069% fee. Does it make sense to do a DIY refinance by taking out a new Direct Unsubsidized loan to pay off my 7.9% Grad plus loan?

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[goodoldalky]

Are you a student? You can't take a direct unsub loan out to pay off another loan. If you are not a student, I would ask why you would be trying to refinance this at 6%+fees, when you should be able to refinance them privately for 4% or less (SoFI, DRB, etc.).