Indicators in this report assess the status of the nation's Great City Schools in relation to the National Urban Education Goals in 1992-93 and how they compare with their status in 1990-91. The National Urban Education Goals, based on the National Education Goals established in the Fall of 1989, address the unique and pressing needs of urban schools. This report marks the second cycle of data collection on these goals and permits the development of a trend line for progress in urban schools. Indicators are given for the urban-education goals of (1) readiness to learn; (2) increased graduation rates; (3) improved academic achievement; (4) quality teachers; (5) postsecondary opportunities; (6) safe and caring school environments; (7) equitable and adequate funding; and (8) increased parental involvement. Findings of this second report make it clear that areas in which improvement is particularly needed are achievement, reduction of the dropout rate, recruitment of teachers of color, and building repair and renovation. The strongest conclusion to be drawn from this review of statistics is that the nation is getting what it pays for in urban education. It is patently unfair that the neediest children are receiving the lowest amounts of resources per child. Data are presented in 122 figures and 5 tables. (SLD)