I'm not familiar with Arc's internals or the effect that this would have in the context of GC, but as a hack, perhaps you could assign multiple people to a single interpreter instance, prepend prefixes to symbols to avoid collisions before evaluating (e.g. user_1_total, user_1_total, user_2_total), and make each user optionally aware of commands from other users on that instance (e.g. implemented as in-browser chat), letting individual evaluations block each other -- I doubt anyone's doing anything particularly heavy-duty or time-sensitive on your server.

This is convoluted and fragile, but if I wanted to roll out "sandboxes" on limited hardware I'd start with something like this.