I'm not going to deny that Federal loans are better than private, but I've seen people on here mention that private loans were a pain to deal with. Why?

If I read and understand the terms clearly, and I'm going into a field where I shouldn't have a problem keeping up with loan repayment, could it be that bad? Am I not seeing something?

!. High interest rates in most cases
2. Little to no forebearance priveleges
3. Little to no hardship payment plans
4. If you default, there is no rehab
5. Interest accrues from day 1