Private loan through SallieMae

Private loan through SallieMae

I currently applied for a private loan through SallieMae(who has my federal loan. The thing is the interest rate is prime plus 6% which makes it 12%. It can go up. I dont want to pay 12% interest but is this an alright interest rate? Is this normal? I already know that I am going to probably be poorer after school so I don't want to have a heap of debt on me. What do you think? EDIT: It is a private loan, sorry I didnt differentiate
new room need help asap.

new room need help asap.

Somethin’ outa nothin’

Somethin’ outa nothin’

A BIG thankyou

A BIG thankyou

balloon flowers

balloon flowers

Lurking.

Lurking.

Ikea furniture question

Ikea furniture question