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Community College as a Steppingstone

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This article explores a model based on a theory of education in which high school students face three choices upon graduation: Join the workforce, enroll in a two-year college or enroll in a four-year university. In this model, academic two-year colleges can act as a steppingstone. Students enrolled in these two-year colleges can learn about their academic skills in a less expensive environment and transfer to a four-year university with a portion of their credits. This model finds that the options such as transferring and dropping out explain a large portion of the return to enrollment in higher education institutions.

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  • Samira Gholami & Nicholas Trachter, 2022. "Community College as a Steppingstone," Richmond Fed Economic Brief, Federal Reserve Bank of Richmond, vol. 22(50), December.
    • Handle: RePEc:fip:fedreb:95359
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    File URL: https://www.richmondfed.org/publications/research/economic_brief/2022/eb_22-50
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    Keywords

    Community colleges; graduation rates;

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