So, the hints coming out of the HEFCE annual conference regarding university funding were, firstly, the imminent appearance of the much delayed White Paper, and, secondly, further tweaks to the Willetts-Browne funding model to avoid the now universal embarrassment that this model costs substantially more than the current one. What we seem to be blindly heading towards is something called a core/margin model, and that I'm going to call MarginCore. This should come as no surprise to readers of my blog, as we called it back in December. We also said it wouldn't be a very good idea.
