But half of community colleges don't offer loans to students who are eligible for them
New evidence shows the harm done
nytimes.com/2019/09/06/bus…
∙ Earned four more credits that academic year
∙ Boosted their GPA by 0.6 points
∙ Nearly tripled their rate of transfer to four-year colleges (jumped from 6% to 17%)
All of these are huge effects
pubs.aeaweb.org/doi/pdfplus/10…
![](https://pbs.twimg.com/media/EDybyfxW4Acckg_.jpg)
![](https://pbs.twimg.com/media/EDybyfyXkAE33fs.jpg)
![](https://pbs.twimg.com/media/EDybyfyXoAAMouI.jpg)
The effect:
worse grades and *higher default* on existing loans
edworkingpapers.com/sites/default/…
![](https://pbs.twimg.com/media/EDyxTLkXYAEMJDq.jpg)