This report contains a collection of papers summarizing the majorresearch on elementary and secondary schooling conducted over the past decade, and outlining what those studies suggest for designing improved educational indicators. The report includes a section on the design of educational indicator systems. It also includes sections on indicators of educational resources and commitment; school context and organization; teachers and teaching; curriculum; instruction; outcomes, achievement, participation, and attitudes; the distribution of educational opportunities and outcomes; policy problems; and school completion and dropouts. Finally, it discusses the policy context in which indicators are generated and used.