Loans to finance your studies can be like a double-edged sword. On the one hand, they represent a financing option which allows students to concentrate one hundred percent on their studies, without having to use up valuable energy resources making a living with a part-time job.
However, the day will of course come when the debt has to be repaid. For this reason, before taking out any loans, it is important to consider very carefully whether the financing measures will really keep you going until the end of the degree course. Likewise, it is important to be clear about your chances of getting employment and your likely level of earnings after completing your degree course, to ensure that you don't fall into a debt trap.
Student loans are on the whole a suitable measure to supplement student finance. If your parents' contribution and part-time work are not adequate to cover your living costs, and you are not eligible for BAföG, then a loan may fill the gap in your financing.