No Child Left Behind is dead. Here's what's replacing it

President Obama signed the Every Student Succeeds Act into law Thursday. The bill replaces No Child Left Behind and is the first major federal education reform in almost 14 years.

“The goals of No Child Left Behind … were the right ones: high standards, accountability, closing the achievement gap, making sure that every child was learning,” Obama said at the signing ceremony. “But in practice, it often fell short. … This bill makes long overdue fixes to the last education law, replacing the one-size fits all approach to reform with a commitment to provide every student with a well-rounded education.”