Best Pharmacy School Loan Refinance Options in October for 2025
With 98% of families expecting students to be partially responsible for loan repayment, navigating pharmacy school loan refinancing can be critical. Many pharmacy graduates face the challenge of managing significant debt while starting their careers. In this article, I will leverage my extensive experience in career planning to offer insights and solutions on how to refinance pharmacy school loans.
You will learn what pharmacy school loan refinancing is, why you should consider it, and how it works. Additionally, I will cover the impact on your monthly payments, the process of refinancing both federal and private loans, and the credit score requirements. This guide will also detail the application process and the time it takes to complete it, ensuring you are well-informed to make the best financial decisions.
Key Things You Should Know About Refinancing Pharmacy School Loans
- The total federal student loan debt in 2023 is a staggering $1.602 trillion, with 92.8% of student loan debts coming from federal loan sources.
- A significant 98% of families expect students to be partially responsible for loan repayment.
- Pharmacy school loan refinancing can significantly lower monthly payments and ease the financial burden on graduates.
- The average annual salary of pharmacists in 2023 is $134,790, highlighting the earning potential in the field.
- The application process for pharmacy school loan refinancing is straightforward but requires careful attention to credit score requirements and documentation.
Table of Contents
- Best Pharmacy School Loan Refinance Options in October for 2025
- What is pharmacy school loan refinancing and how does it work?
- Why should pharmacy school graduates refinance pharmacy school loans?
- Does it impact your monthly payments if you refinance pharmacy school loans?
- What are the differences between refinancing federal and private pharmacy school loans?
- What credit score do you need to refinance pharmacy school loans?
- How do you apply to refinance pharmacy school loans?
- What are the factors to consider when choosing a lender to refinance pharmacy school loans?
- What are the tax implications of refinancing pharmacy school loans?
- What key questions should I ask my lender when refinancing pharmacy school loans?
- Should I Consider Further Education Options While Refinancing My Pharmacy School Loans?
- Are there upcoming regulatory changes that could impact refinancing options for pharmacy school loans?
- What are the long-term financial implications of refinancing pharmacy school loans?
- How quickly can I access funds after refinancing my pharmacy school loans?
- How do variable interest rates compare to fixed interest rates for pharmacy school loan refinancing?
- Can Refinancing Pharmacy School Loans Support a Career Transition?
- Alternatives to Refinancing: Exploring Niche Loan Options for Specific Career Paths
- How can I evaluate lender offers to ensure the best refinancing terms?
- How will pharmacy school loan refinancing impact my credit profile?
- Other Things You Should Know About Pharmacy School Loan Refinance Options
Best Pharmacy School Loan Refinance Options in October for 2025
1. LendKey
LendKey offers competitive interest rates for pharmacy school loan refinancing by partnering with community banks and credit unions. Their online platform simplifies the refinancing process, providing personalized rate quotes in minutes. Borrowers benefit from flexible repayment terms and excellent customer service.
- Loan Amount: $5,000 to $300,000
- Minimum Credit Score: N/A
- Fixed APR: 5.24-9.60%
- Variable APR: 5.53-8.70%
- Loan Terms: 5, 7, 10, 15 or 20 years
2. SoFi
SoFi is known for its low interest rates and various member benefits, including career coaching and financial planning. Pharmacy graduates can refinance both federal and private loans, enjoying no fees and a straightforward application process. SoFi's unemployment protection can also provide peace of mind during times of financial hardship.
- Loan Amount: $5,000 to total outstanding loan balance
- Minimum Credit Score: 650
- Fixed APR: 5.24-9.99%
- Variable APR: 6.24-9.99%
- Loan Terms: 5, 7, 10, 15 or 20 years
3. Earnest
Earnest provides customizable repayment plans and competitive rates for pharmacy school loan refinancing. Their unique approach allows borrowers to choose their monthly payment and term, providing greater flexibility. With no fees and a seamless online application, Earnest is a top choice for many graduates.
- Loan Amount: $5,000 to $500,000
- Minimum Credit Score: 650
- Fixed APR: 4.99-9.74%
- Variable APR: 5.89-9.74%
- Loan Terms: 5 to 20 years
4. Education Loan Finance
Education Loan Finance (ELFI) offers low interest rates and personalized customer service for refinancing pharmacy school loans. Borrowers can benefit from various repayment options and a simple, quick application process. ELFI's experienced loan advisors are available to guide borrowers through every step.
- Loan Amount: $10,000 to total outstanding loan balance
- Minimum Credit Score: 680
- Fixed APR: 5.48-8.69%
- Variable APR: 5.28-8.99%
- Loan Terms: 5, 7, 10, 15 or 20 years
5. Laurel Road
Laurel Road specializes in refinancing loans for healthcare professionals, including pharmacists, with competitive rates and tailored options. Their platform provides a seamless refinancing experience, from application to funding. Borrowers can refinance both federal and private loans with no application or origination fees.
- Loan Amount: $5,000 to total outstanding loan balance
- Minimum Credit Score: 660
- Fixed APR: 5.44-9.75%
- Variable APR: 5.49-9.95%
- Loan Terms: 5, 7, 10, 15 or 20 years
6. College Ave
College Ave offers flexible repayment terms and competitive rates for pharmacy school loan refinancing. Their user-friendly online platform allows borrowers to get instant rate estimates and complete the application process quickly. College Ave also provides various repayment options to fit different financial situations.
- Loan Amount: $5,000 to $300,000
- Minimum Credit Score: ~650
- Fixed APR: 5.95-9.99%
- Variable APR: 6.99-13.99%
- Loan Terms: 5 to 15 years
7. Advantage Education
Advantage Education Loan provides competitive interest rates and various repayment terms for pharmacy school loan refinancing. Their straightforward application process and excellent customer support make refinancing accessible and stress-free. Borrowers can also take advantage of their flexible repayment options.
- Loan Amount: A minimum $7,500; the maximum depends on debt-to-income ratio and creditworthiness
- Minimum Credit Score: 670
- Fixed APR: 5.95-9.99%
- Variable APR: N/A
- Loan Terms: 10, 15 or 20 years
8. ISL Education Lending
ISL Education Lending offers competitive rates and flexible repayment options for pharmacy school loan refinancing. Their application process is simple and efficient, with no origination or prepayment fees. ISL also provides excellent customer service to assist borrowers throughout the refinancing journey.
- Loan Amount: $5,000 to $300,000 ($10,000 minimum for California residents)
- Minimum Credit Score: 660
- Fixed APR: 6.81-11.83%
- Variable APR: N/A
- Loan Terms: 5, 7, 10, 15 or 20 years
9. RISLA
The Rhode Island Student Loan Authority (RISLA) provides competitive rates and borrower protections for pharmacy school loan refinancing, but their services are primarily available to Rhode Island residents. They offer income-based repayment plans and public service loan forgiveness options. RISLA's commitment to financial literacy ensures borrowers are well-informed about their options.
- Loan Amount: $7,500 to $250,000
- Minimum Credit Score: 660
- Fixed APR: 6.34-8.29%
- Variable APR: N/A
- Loan Terms: 5, 10 or 15 years
Here's What Graduates Have to Say About Their Pharmacy School Student Loan Refinance Programs
"Refinancing my pharmacy school loans significantly lowered my monthly payments, allowing me to save more for my future. The process was straightforward and I felt supported throughout. It was one of the best decisions I made for my financial situation." - Elena
"After refinancing, I was able to secure a much lower interest rate, which would save me thousands over the life of my loan. The application process was easy and quick. I wish I had done this sooner." - Alex
"I was able to lock in a fixed interest rate through refinancing, which has provided me with more financial stability. The process was much simpler than I expected, and the savings have been substantial. I highly recommend looking into it." - Marcus
What is pharmacy school loan refinancing and how does it work?
Pharmacy school loan refinancing involves replacing existing student loans with a new loan that has different terms. This process by the student loan industry allows borrowers to potentially secure a lower interest rate, reduce monthly payments, or change the loan term. When they refinance pharmacy school loans, graduates can simplify their loan management and possibly save money over the life of the loan.
The new loan typically comes with a different interest rate, repayment term, or both. The borrower applies for the refinance loan, and upon approval, the new lender pays off the old loans, leaving the borrower with a single new loan to manage. The borrower then makes monthly payments to the new lender based on the agreed terms.
Suppose a pharmacy graduate has $50,000 in student loans with an interest rate of 7% and a repayment term of 10 years. By refinancing, they might secure a new loan with a lower interest rate of 4% and a term of 15 years. The new lender pays off the $50,000 balance with the old loans, and the borrower then repays the new loan with the updated rate and term, which could result in lower monthly payments and overall interest savings.
This option is particularly attractive for borrowers seeking to reduce their financial burden and simplify their loan management. The latest statistics on student loan shows that the total federal student loan debt reached $1.602 trillion, making up a good 92.8% of all student loan debts.

Why should pharmacy school graduates refinance pharmacy school loans?
Pharmacy school graduates can refinance pharmacy school loans to lower their interest rates and reduce monthly payments potentially. With a lower interest rate, borrowers can save money over the life of the loan, making their debt more manageable. Additionally, refinancing offers the opportunity to consolidate multiple loans into one, simplifying the repayment process and providing greater financial flexibility.
For example, if a graduate has several loans with interest rates ranging from 6% to 8%, refinancing could allow them to secure a single loan at a 4% rate. This not only reduces their monthly payments but also decreases the total amount of interest paid over the life of the loan.
This can help graduates have some financial stability before landing a high-paying job. In 2023, pharmacists working in outpatient care centers earn the highest on average at $164,180. See the chart below for the highest-paying industries in the US for pharmacists. 9
Does it impact your monthly payments if you refinance pharmacy school loans?
Refinancing pharmacy school loans can significantly impact monthly payments by potentially lowering the interest rate or extending the repayment term. A lower interest rate directly reduces the amount of interest paid each month, leading to lower monthly payments.
Extending the repayment term also spreads out the payments over a longer period, which can reduce the monthly payment amount. However, this may increase the total interest paid over the life of the loan.
For example, if a pharmacy graduate initially has a $60,000 loan with a 7% interest rate and a 10-year term, their monthly payments might be $700. By refinancing to a 4% interest rate with a 15-year term, their monthly payments could drop to approximately $450. Although the total interest paid over the life of the loan increases, graduates who the immediate reduction in monthly payments can ease the graduate's financial burden and improve cash flow.
In SY 2022/23, the average family spend around $28,000 per year for college. About 19% of this come from borrowed money. The chart below provides a breakdown of sources for college payment.
What are the differences between refinancing federal and private pharmacy school loans?
Refinancing federal and private pharmacy school loans involves converting your current loans into a new loan with potentially different terms. However, there are important differences between refinancing federal and private loans.
Here's a breakdown of the key differences:
Federal Loans
Pros of Refinancing Federal Loans:
- Lower Interest Rates: Refinancing can potentially lower the interest rate on your federal loans, which can save you money over the life of the loan.
- Simplification: Combining multiple federal loans into one can simplify your payments, making it easier to manage your debt.
Cons of Refinancing Federal Loans:
- Loss of Federal Protections and Benefits: Some private lenders offer benefits like interest rate reductions for autopay or for graduating from certain programs. Refinancing could mean losing these benefits.
- Fixed vs. Variable Rates: Federal loans typically have fixed interest rates, while refinanced loans might offer variable rates that can increase over time.
Private Loans
Pros of Refinancing Private Loans:
- Potentially Lower Interest Rates: Like federal loans, refinancing private loans can lower your interest rate, reducing the overall cost.
- Better Terms: Refinancing might allow you to extend or shorten the loan term, adjusting your monthly payment to better fit your financial situation.
- Simplification: Consolidating multiple private loans into one can streamline your debt management.
Cons of Refinancing Private Loans:
- Loss of Certain Benefits: Some private lenders offer benefits like interest rate reductions for autopay or for graduating from certain programs. Refinancing could mean losing these benefits.
- Credit Score Requirement: Refinancing typically requires a good credit score. If your credit score has declined since you initially took out the loan, you might not qualify for a better rate.
What credit score do you need to refinance pharmacy school loans?
To refinance pharmacy school loans, a good credit score is generally required to secure favorable interest rates. Most lenders prefer a credit score of at least 650, though some may have higher requirements.
For example, lenders on our list have minimum credit score requirements ranging from approximately 650 to 680, with some not specifying a minimum. A higher credit score can improve the likelihood of obtaining a lower interest rate and better terms, reducing the overall cost of the refinance.
Fortunately, pharmacists earn well. As such, pharmacy school graduates have more opportunities to improve their credit scores. In 2023, pharmacists in the US earn $134,790 on average per year.

How do you apply to refinance pharmacy school loans?
Applying for pharmacy school loan refinancing involves steps to ensure you secure the best terms for your new loan. The process is straightforward and can typically be completed online. Here’s how to apply:
- Research Lenders. Compare different lenders to find the best refinancing options based on interest rates, terms, and fees.
- Check Eligibility. Ensure you meet the lender's credit score and income requirements.
- Gather Documentation. Prepare necessary documents such as proof of income, existing loan statements, and identification.
- Submit Application. Complete the online application with your personal and financial information.
- Review Offers. Once approved, review the loan offers and choose the one that best fits your needs.
- Finalize the Loan. Accept the offer, and the lender will pay off your existing loans. You will then start making payments to the new lender.
The pharmacy school loan refinancing process typically takes about 30 to 45 days from application to finalizing the new loan. This timeframe includes several steps: reviewing your application, verifying your information, and processing the loan. The exact duration can vary based on the lender and the complexity of your financial situation.
What are the factors to consider when choosing a lender to refinance pharmacy school loans?
When selecting a lender to refinance your pharmacy school loans, several key factors should be considered:
- Interest Rates: Compare interest rates offered by different lenders to find the most competitive option. Consider both fixed and variable interest rates based on your financial preferences.
- Repayment Terms: Evaluate the available repayment terms and select the one that aligns with your financial situation and repayment goals.
- Fees and Charges: Be aware of any origination fees, prepayment penalties, or other charges associated with the loan.
- Loan Amounts: Ensure the lender offers refinancing for the total amount of your pharmacy school loans.
- Credit Score Requirements: Understand the minimum credit score required for refinancing and compare it to your current score.
- Customer Service: Research the lender's reputation for customer service and responsiveness. Some lenders also offer some borrower benefits, like interest rate discounts if you set up automatic payments.
- Repayment Flexibility: Consider lenders offering options like income-driven repayment plans or deferment periods.
- Eligibility Criteria: Review the lender's eligibility requirements, including income, employment status, and loan balance.
- Online Tools and Resources: Assess the lender's website for user-friendly tools, calculators, and educational resources.
- Lender Reputation: Research the lender's financial stability, history, and any customer complaints.
- Ease of Application and Approval Time: Look for lenders with a straightforward and user-friendly application process. It's also important to consider how long it takes for the lender to process the application and disburse the loan.
According to 2022 data, though, the majority of private student loan borrowers (58%) got their loans refinanced through their initial lender.

What are the tax implications of refinancing pharmacy school loans?
Refinancing may alter the tax treatment of your student loan interest. In many cases, the interest paid on federally held loans qualifies for certain tax deductions, which could be reduced or lost when converting to a private refinancing product. It is essential to review the applicable tax guidelines and assess whether the potential savings from a lower interest rate outweigh the loss of these deductions. Consulting with a tax professional can provide clarity on how the new loan terms might affect your tax liabilities while exploring flexible financing alternatives such as the self-paced online college option.
What key questions should I ask my lender when refinancing pharmacy school loans?
• Ensure complete clarity on all associated fees, including origination, prepayment, and any hidden charges.
• Verify if the interest rate is fixed or variable and discuss available rate lock options.
• Confirm how refinancing affects the loss of federal loan benefits and any related borrower protections.
• Ask about the variety of repayment options and any flexibility to adjust terms during the loan period.
• Inquire about documentation requirements and the expected timeline for processing the refinance application.
• Evaluate if the lender provides access to educational resources and financial guidance, such as insights on whether is online college cheaper than in person.
Should I Consider Further Education Options While Refinancing My Pharmacy School Loans?
Refinancing pharmacy school loans can free up cash flow for career advancement strategies, including further education. Assessing whether to pursue advanced studies alongside refinancing is essential, as additional credentials may lead to higher earning potential and expanded career opportunities. Weigh the opportunity cost of potential changes in loan terms against the benefits of investments in continuing education. For example, consider how enrolling in affordable online masters programs might complement your professional development without compromising your long-term financial stability.
Are there upcoming regulatory changes that could impact refinancing options for pharmacy school loans?
Staying informed about potential legislative and regulatory shifts is essential when planning your refinancing strategy. Pending policy changes can influence federal benefit eligibility, affect interest rate structures, and modify borrower protections. It is advisable to monitor updates from government agencies and industry experts to understand how new rules might alter the refinancing landscape. Additionally, consider how alternative educational investments, such as pursuing an easiest BS degree, might align with changes in funding or certification requirements, thereby supporting a more resilient financial plan.
What are the long-term financial implications of refinancing pharmacy school loans?
Refinancing pharmacy school loans can have far-reaching financial consequences. While the allure of lower monthly payments and a simplified repayment process may be tempting, it's crucial to consider the potential long-term implications.
One of the most significant drawbacks is the loss of federal loan benefits. Refinancing typically converts federal loans into private loans, eliminating access to income-driven repayment plans (IDRs), Public Service Loan Forgiveness (PSLF), and deferment or forbearance options. These programs can be essential for borrowers experiencing financial hardship or working in public service, providing a crucial safety net that private loans simply do not offer.
Moreover, extending the loan term through refinancing to achieve lower monthly payments can lead to a substantial increase in the total interest paid over the life of the loan. This can significantly impact financial stability and hinder long-term financial goals such as homeownership, retirement savings, or starting a family.
While refinancing might provide temporary relief, it's essential to weigh the short-term benefits against the potential long-term costs. Consider factors such as your income, employment stability, and overall financial health before making a decision. Consulting with a financial advisor can offer valuable insights and help you make an informed choice.
Ultimately, the decision to refinance should align with your broader financial strategy and risk tolerance. A comprehensive assessment of your financial situation is crucial to avoid unintended consequences.
How quickly can I access funds after refinancing my pharmacy school loans?
Timelines for accessing funds vary by lender and individual financial profiles. Many lenders offer streamlined online applications with funding disbursement typically ranging from 30 to 45 days. Some institutions may provide expedited processing for borrowers with complete documentation or urgent financial needs. It is essential to confirm processing speeds with your chosen lender before applying. For borrowers requiring immediate liquidity, learn from our article How fast can you get student loans? to explore alternative expedited funding options and ensure alignment with your financial goals.
How do variable interest rates compare to fixed interest rates for pharmacy school loan refinancing?
When refinancing pharmacy school loans, understanding the distinction between variable and fixed interest rates is crucial for making an informed decision. Fixed interest rates remain constant over the loan's term, providing predictable monthly payments and long-term stability. This option is suitable for borrowers who prefer certainty in their financial planning and want to avoid fluctuations in repayment amounts.
On the other hand, variable interest rates may start lower than fixed rates but can fluctuate over time based on market conditions, typically tied to a financial index like the Prime Rate or LIBOR. While this offers an opportunity for lower initial payments, it also carries the risk of rising rates, which could increase payment amounts in the future. For financially flexible borrowers who anticipate paying off their loans quickly or who are willing to take on a degree of market risk, a variable interest rate could be advantageous.
When deciding between these options, carefully consider factors like the likelihood of future interest rate changes, your ability to handle potential increases in monthly payments, and your long-term financial goals. It's also essential to evaluate whether you're better suited for the predictable security of a fixed rate or the flexibility of a variable rate.
For borrowers deciding whether to refinance federal or private loans or pursue part-time education, noting key loan timelines can be valuable. Knowing the answer to "when do part time student loans open?" and exploring the best options allows for more tailored financial planning to fit diverse educational goals.
Can Refinancing Pharmacy School Loans Support a Career Transition?
Refinancing can strategically free up cash flow, allowing graduates to explore opportunities beyond traditional pharmacy roles. For professionals considering a career change, it is critical to evaluate how adjusted monthly payments and consolidated debt can support further education investments. Graduates might assess alternative financing options while exploring programs such as top master's degrees for career changers to gain qualifications that align with new industry demands.
Alternatives to Refinancing: Exploring Niche Loan Options for Specific Career Paths
While refinancing pharmacy school loans can offer immediate savings and streamlined repayment, exploring other niche financing options tailored to specific career paths can diversify your financial strategy. For example, graduates pursuing additional certifications or transitioning into specialized healthcare fields may benefit from alternative financial aid designed for niche education programs.
A noteworthy example includes flight school loan options, which cater specifically to aviation education financing. Similar specialized loans for pharmacy or healthcare certifications might provide better terms or unique benefits compared to traditional refinancing. Understanding these alternatives can offer career-specific advantages while preserving long-term loan flexibility.
Additionally, some professional associations and employers may offer loan assistance programs or scholarships that reduce overall debt. Leveraging such sector-based financing strategies can help offset costs significantly, particularly when paired with prudent financial planning or partial refinancing.
Ultimately, considering niche educational loans alongside refinancing allows borrowers to craft a comprehensive financial plan tailored to both immediate budget relief and long-term career aspirations.
What are common pitfalls to avoid when refinancing pharmacy school loans?
Refinancing pharmacy school loans requires vigilance to avoid unforeseen challenges. Common pitfalls include neglecting a detailed review of loan terms, failing to compare offers from multiple lenders, and overlooking potential fees that may not be immediately apparent. Borrowers risk compromising federal benefits by converting eligible federal loans into private ones without fully understanding the implications. Additionally, insufficient verification of income and documentation can delay or impede the refinancing process. It is essential to scrutinize prepayment policies and rate adjustment clauses to ensure long-term financial stability. Consider exploring additional financial support avenues, such as grants for nursing school, to diversify funding strategies without extending debt obligations.
How can I evaluate lender offers to ensure the best refinancing terms?
When comparing refinancing options, assess each lender’s stability, fee structures, customer service quality, and the flexibility of their repayment terms. Look for clear disclosures on any potential hidden fees or prepayment penalties that can affect the overall cost of your loan. Evaluate the consistency of their interest rate offerings and confirm whether these rates align with your long-term financial goals. Additionally, compare lender reputations and financial backing to ensure they can support your refinancing needs reliably. For further details on competitive options, review What banks offer student loans?.
How will pharmacy school loan refinancing impact my credit profile?
Refinancing initiates a hard inquiry that can cause a temporary dip in your credit score; however, consistent, timely payments help mitigate this effect over time. The process often involves closing older accounts as new ones open, which may subtly change the average age of your credit history but can also diversify your credit mix. It is essential to monitor your credit closely after refinancing and maintain disciplined financial habits to support long-term credit health. This consideration becomes particularly significant when future financial endeavors, such as exploring online colleges for adults, require a robust credit profile.
Key Findings
- The total federal student loan debt reached $1.602 trillion in 2023, with 92.8% of this debt originating from federal loans.
- For the 2022-2023 school year, American families financed college through various sources: 50% from family income and savings, 29% from scholarships and grants, 19% from borrowing, and 2% from relatives and friends.
- In 2023, 44% of students and their parents discussed loan repayment responsibilities, and 98% of families expect students to contribute to loan repayment.
- The average annual salary for pharmacists in 2023 is $134,790, with a projected job outlook growth of 3% from 2022 to 2032 and 13,400 new job openings per year.
- The top-paying industries for pharmacists in 2023 include outpatient care centers at $164,180, other miscellaneous retailers at $154,200, home health care services at $146,350, management of companies and enterprises at $145,990, and psychiatric and substance abuse hospitals at $145,440.
Other Things You Should Know About Pharmacy School Loan Refinance Options
Is there a prepayment penalty for student loan refinance?
Generally, most lenders do not charge a prepayment penalty for refinancing student loans. This means borrowers can pay off their loans early without incurring additional fees. It is advisable to check with the specific lender to confirm their prepayment policies before finalizing the refinance agreement.
Can refinanced private student loans be forgiven?
No, refinanced private student loans cannot be forgiven under federal loan forgiveness programs. Private lenders do not offer forgiveness options, and once a private loan is refinanced, it is no longer eligible for federal forgiveness programs or other federal loan benefits. It is important to consider this when deciding whether to refinance.
What is the long-term financial impact of refinancing pharmacy school loans?
Refinancing pharmacy school loans can have a significant long-term financial impact. By securing a lower interest rate, borrowers may reduce their total interest payments over the life of the loan. However, it is crucial to consider the potential loss of federal loan benefits and protections, which can affect financial stability in the long run.
References:
- Hanson, M. (2024). Student loan debt statistics. Education Data Initiative.
- Sallie May. (2023). How America pays for college 2023. Sallie Mae.
- U.S. Bureau of Labor Statistics. (2024). Pharmacists. Retrieved July 23, 2024, from BLS.
- U.S. Bureau of Labor Statistics. (2024). Occupational employment and wages, May 2023 - 29-1051 Pharmacists. Retrieved July 23, 2024, from BLS.
