A community college is a local public school, funded by county/municipality (not state) taxation. They tend to be two-year schools offering Associate's and Technical degrees, though some of them may provide Bachelor's degrees as well (I'm not sure about that). They are generally for local area residents who will commute to the classes instead of living on-campus. Their biggest advantage is that they are much cheaper than other forms of school. Since they are funded by local taxation, the quality of the school can vary depending on the prosperity of the region they are in. AFAIK, they do not have any academic entry requirements. If you can pay, you can attend, though there may be some local residency requirements as well.
Community colleges, and associate's degrees in general, are also frequently used as a stepping stone to a bachelor's degree. Many people either do not have the money or grades to go to a four-year school immediately out of high school. So, getting an associate's degree can be a way to save money or to improve your grades to allow for later admission to a four-year school.
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