Analyzing the public school finance questions that have been brought before the public by Serrano vs Priest in California, the study demonstrates that California's traditional school financing system has not been equitable or efficient in meeting the needs of Chicano students. (NQ)

Reviewing literature on educational finance and law, this paper analyzes the rationale for the recent school finance reform movement and recounts the movement's progress from 1965 to 1979. An overview of the problem discusses state equalization programs' ability to provide financial equity and the relationship of financial equity to equal…