A term coined by the Institute for the Future (IFTF) in 2021 referring to a wholesale reimagining of higher education and how it functions with and within a larger regional system to improve social mobility and equity for all its citizens. IFTF interviewed a cross-section of California learners at different stages of their learning journeys to explore the successes and challenges learners encounter in pursuing a higher education degree. The key findings determined to positively or negatively directly impact higher education in the future: 1) expected increase in demand for degrees, 2) ongoing seismic reorganization of work, and 3) widening inequality and racial wealth gap. The study determined a new model is needed: a place-based higher education system (A New Multiversity) to serve as an engine of community wealth-building and socio-economic mobility.