Realistically I wouldn't see this as entitlement to new people or to someone who is new to the cryptocurrency because as I used from some of the exchanges that offers loan, there most be an equivalent asset that is hold back on the exchange to serve as a repayment purpose.
Coinbase has been the most reputable exchange with a higher trading volume which even if they offers such loan on their platform they should have a means to regulate every loan that would taken from their platform to avoid going bankrupt when borrower has refused to repay back their loans.
If this means that users funds are safe, and the platform has a well thought out plan on loan recovery. Then it is a good offer on the table. Especially as the incoming American president is comfortable with cryptocurrency and he has plans of looking into the crypto space to make it easy for crypto enthusiast.
I read he will look into crypto cases pending in court. Coinbase might just have taken a very commendable leap that will keep it ahead of it competitors.