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
The view from the back porch

The view from the back porch

Plant ID Needed please

Plant ID Needed please

Hapy Earth Day

Hapy Earth Day

Some color on my tomatoes – FINALLY!

Some color on my tomatoes – FINALLY!

Repotting gooseberry

Repotting gooseberry

Feeding time at the watering hole

Feeding time at the watering hole