I grew up with students being given grades or scores to easily digest how we are doing and the computation of that grade is very open, like 80% test results 10% classroom participation and 10% project score. I think it's like that can't recall it is too long ago.

Now my kids are being educated and they track them with just three words and I even forgot the words. LOL. Something like this. Progressing is one of the word, mastering something something. I forgot the word for struggling since my child didn't have it. It is still absurd and it's hard to know how the kid is progressing. They still do test and some teachers are discouraging doing assignments. Weird timeline we are in.

How old are they?

When I was a kid, our 1-6 grades were letters (E, G, S, N) that generally corresponded to "above, at, below, well below expectations" The point was to detect what needed extra attention and to help guide focus of the parents and teachers. 30 years later my kids have the same thing but the labels are a bit different. Grades 7-8 introduce A-F and then high school is just percentages.

I've also seen the opposite in a relative's reaction to their kid getting number grades. They fixated far too much 3 or 4 points either way and not the general signal.