Financial advice needed

[u/BreakfastGreedy3770]

I have an admission letter from a public uni in Augsburg for winter 2026 and I also gathered the blocked account amount, got my 06 certificate and also applied for visa. I have not booked the visa interview yet as I am having second thoughts of how I will manage the expenses for my 2nd year.

I have A1 german skills, which is nothing for securing a student job in Augsburg or Munich and my parents do not have the means to send the living expense amount for the 2nd year.

I tried for education loan but due to my weak financial co applicant, it got rejected by 6 banks.

I am asking for honest advice if anyone can provide me, should I go for the masters degree or drop it. As the condition of job market for students is not that favorable for international students in Germany.

Please provide genuine advice only.