This idea has been developed and deployed to Canvas
I like the new assignment labels and am glad to see the information presented prominently to both instructors and students. However, there is a problem with assignments that are set up with a zero-point value where the student receives zero or negative points. For example, this summer I had a class with extra-credit assignments. Students who chose not to do those assignments see aMISSINGlabel on their grades page. Students who do not do extra-credit assignments ought not to receive feedback that is so punitively styled.
A second example is more important. Many of the assignments in my class this summer were group assignments, and I have students submit peer feedback using a Google Form. (It was a lot easier than using a Canvas survey.) I use the form results to calculate an adjustment for individual students on their group assignments, and I use a distinct Canvas assignment to give students the results of their team's survey and to adjust their individual scores for group assignments. The benefit to students is they see their peer-feedback survey results *and* the adjustment to individual scores in a distinct place on the Grades page. The problem now is that students who receive a zero (some groups function well) or a negative score also see theMISSING label, and there is no submission for this assignment.
Grade labels should be changed so that theMISSING label does not apply to assignments with a point value of zero.
Comments from Instructure
The work on late and missing policies in September and December made it possible to manually remove a missing label from an assignment. You can read more about these updates in the following releases