Contrary to its original intentions, California’s Master Plan for Higher Education may actually be contributing to the state’s poor record of baccalaureate attainment. This paper presents four-year college enrollment and B.A. attainment data, and makes the case that California has not kept pace. Given the reality of cost feasibility, the authors review a variety of baccalaureate reform models — new types of intermediary, “hybrid” institutions — used in other states that California might consider for restructuring its existing postsecondary system and creating a more seamless process for students.