Community College as a Steppingstone

Samira Gholami and Nicholas Trachter

Richmond Fed Economic Brief, 2022, vol. 22, issue 50

Abstract: 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.

Keywords: Community colleges; graduation rates (search for similar items in EconPapers)
Date: 2022
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