The U.S. Dept. of Education thinks so!
Click here for their take on it
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This article on the other hand shows that there are serious problems with implementation of the program. And although it is well documented elsewhere that the tutoring companies providing NCLB services do not provide highly qualified tutors and a personal touch (the way EleMental Learning, which has not pursued participation in the NCLB program at this point, DOES), this article interestingly focuses on the problem of parental apathy towards the program. In other words, parents who can obtain free tutoring for their children if their school qualifies for remediation under NCLB have widely chosen not to opt into the program. Not a very good endorsement.
Here is the article