Airbrushed and homogenised in favour of a tire.
Thus, it must change because the purpose of a university is not to retain cultures and histories when no one else cares, it's not to improve the mental capabilities of the students.
It purpose instead is to pursue equity in 2 senses: no especially talented people of the wrong* parents are allowed to gain inordinate skills and the foundation makes gobs of money.
(*) Determination of wrongness changes over time, and the adage "2 wrongs don't make a right" is considered tomfoolery.
Do the marginalised peoples include the native Britons who were conquered by the Romans? Or is there a cut off point in your view of history? If the now native Britons, like me, want to retain links to the past, then should that be disallowed?
I like the Latin inscription, as it keeps a connection with the past. Good and bad, it is history I want to be connected to. I find the idea that it needs to be airbrushed bizarre, and the idea that Latin is solely a tool of "oppression" a complete misreading of history.