I'm sure if we built new universities, there would be plenty of applicants to teach it in, given how fierce the competition for academic positions already is.
If capacity at existing colleges is the problem, we could start new ones.
>>rdevsr+(OP)
Where exactly would you propose building them? A competitive university is going to require around 2,000 acres of land. Where are you going to find that in today's California? No doubt there is plenty of open space left, but it's not in very desirable areas.