(a) The board of regents shall develop and administer a system of community colleges.

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(b) The purposes of community colleges shall be to provide:

(1) Two-year college transfer and general education programs;
(2) Two- and four-year career and technical education programs;
(3) Semiprofessional, career and technical, and continuing education programs; and
(4) Such other educational programs and services as may be appropriate to such institutions.
(c) The board may confer a corresponding degree or certificate upon the successful completion of any educational program described in subsection (b) to all students who are entitled thereto.