How many students does it take to change a lightbulb?Oxford academics have rejected proposed reforms of the university's finances. Instead their votes will keep in place a 900 year old system.
Now I haven't kept up too well with the details. Often it's better for an institution to vote down a bad set of proposed changes rather than go with the mentality "something must change, this is a proposed change, we must make this change". But from what I've seen the basic principles of separating out the academic and financial side of the council and having external members of the financial council would be to the university's benefit, making it easier to raise private money to provide support for students from poorer backgrounds.
Here's hoping that good, constructive reforms for the benefit of all Oxford and beyond will be adopted (and proposed if needs be).