1) Declare that, in the name of "excellence for all" (a catchphrase used without a trace of irony), 50% of the population should have a degree. Help to achieve this by declaring that all sorts of subjects merit "degrees" (Travel and Tourism, Golf Course Management).
2) Criticise the universities for taking on too many students. Cut their funding. Suggest that they can save money by reducing degrees to two years (when many have had to increase in length to four years to compensate that people are finishing A-levels functionally illiterate and innumerate).
3) Save even more time and money by not bothering with a university course at all, and just giving all 18-year olds a degree if they make it to that age without leaving school.