is there reason why you are rushing to graduate? (financial aid concerns etc?) because if you want my honest opinion, that 2.72 is really going to hurt especially if that is the second to last semester on your transcript. of course all of this depends on what kind of school you are aiming for, but if you are looking to the top 25 my advice would be to talk with your college/financial aid office and see if you can stay at least one additional semester (perhaps reducing your course load). And you want to shoot for ideally 3.7+/minimally 3.5 to show them you can handle the work.
I'm saying they may look at your medical excuse as say--why didn't this guy simply withdraw for the semester instead of trashing his gpa? obviously there are people who have gotten in with similar/lower numbers--most had a rising grade trend. the others had a good deal of post-graduation work experience. of course this is one person's advice so feel free to trash it, but I think you'd be well advised to see if you can work something out.
umm zachary I find your tone a bit offensive. As someone who didn't rush to mommy and daddy and ask them to pay for anything concerning my UG education, you might want to hold your horses. The first thing I said was talk to your financial aid/college office. Contrary to popular belief, most of them are not ogres trying to stick it to you, but rather would want to be supportive of their students--a week in they may have been able to refund your money. You'll never know until you ASK. And actually I would have said the same about your professors--if you talked to them, they might have been able to work with you (perhaps giving you extracredit assignments etc).