NCLB is President George Bush's attempt to hold the education establishment accountable by implementing testing in grades 3-8. Schools which do not reach the required standards are publicized so that parents can decide what course of action to take. NCLB also lays out a series of options which might be available to them.
The bottom line is that NCLB tries to do something about the nation's failing public schools. Accountability and assessment are integral parts of NCLB's overall strategy.
What are the benefits of NCLB for private schools? The benefits of NCLB mainly have to do with supplemental programs. Private schools, including religious schools, can apply to the local education authority for grants to run tutoring and other programs.
Has NCLB been a success? Deborah White looks at that question in Pros & Cons of the No Child Left Behind Act.
You can find the answers to more questions about private schools in Private School FAQs.