Fiscal reductions as well as growing conservatism may have a profound impact on many university programs, including Chicano Studies programs, which are expanding into research, publications, and other areas. To frame the issues of greatest concern to Chicano Studies programs, a small research effort at the University of New Mexico involved the input of 12 knowledgeable respondents at universities in the West and Southwest United States. The respondents served on a Delphi Panel and responded to two questionnaires. On the first, they suggested key issues for Chicano Studies programs. On the second, they ranked the importance of seven current and eight future issues, chosen from the responses to the first questionnaire. Respondents indicated that curriculum issues, academic quality, the potential for program consolidation, and the potential for program expansion were the most important current and future issues. Other issues included renewed interest in Chicano Studies, greater career orientation of Chicano programs, and broadened support for Chicano programs. The report presents five scenario themes for future research: status quo, consolidation/absorption, obsolescence, program development, and post-revisionist. (SB)