The l975 Educational Testing Service (ETS) Invitational Conference provided an overview of the social indicators movement, and the relationship between schooling and quality of life. The concept of educational indicators was discussed. Educational indicators are defined as statistics used to provide information regarding the status of particular variables, to compare trends, and to predict the future status of these variables. The ETS Award for Distinguished Service to Measurement was presented to Harold Gulliksen. The following papers were presented: The Social Indicators Movement, by Eleanor Bernert Sheldon; The Development and Use of Educational Indicators, by Dennis D. Gooler; Quality of Life as an Educational Outcome, by Stephen B. Withey; Measurement and Efficiency in Education, by Mancur Olson; Educational Indicators and Social Policy, by Wilbur J. Cohen; and Measures of Educational Outcomes in Developing Countries by Selma J. Mushkin and Bradley B. Billings. Priority Research Agenda on Educational Indicators was the subject of a panel discussion, involving all the speakers. (BW)