After I saw your comment I thought "Malibu U" would be a great name for a fictional university in a movie. I googled it and it turns out that Malibu U was a 1960s tv variety show.

Malibu U is an American variety show that aired in the summer of 1967 on ABC. The series starred Ricky Nelson, and aired on Friday evenings from 8:30 to 9:00 p.m. In the series, Nelson starred as the "Dean of the Drop-Ins" of a fictional college called Malibu U. Regulars included Robie Porter as "President of the Student Body" and the Mali-beauties dancers.

In each episode three well-known performers, called "Visiting Professors," sang. Two of the performers were filmed on the beach, and the third was filmed in another unusual location. On the July 28, 1967 episode Leonard Nimoy sang the novelty song The Ballad of Bilbo Baggins. Other guest stars included Annette Funicello, Don Ho and The Four Seasons with Frankie Valli.

Some of the classes taught at Malibu U were surfing and sunbathing. A newspaper article stated that the series would "present the new fads, fashions and foibles of the young world."