California legislators are proposing exactly that as a fourth tier in the state system, which currently includes the Cal. University System, the Cal. State System, and the community college system.
http://chronicle.com/article/Under-California-Bill/138235/?cid=pm&utm_source=pm&utm_medium=en
Here's the bill that will create the "New University of California."
http://leginfo.ca.gov/pub/13-14/bill/asm/ab_1301-1350/ab_1306_bill_20130222_introduced.pdf
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