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Students receive labels on their performance on statewide tests, but there is a dearth of research on how this information impacts future academic achievement and behavioral outcomes. Employing a regression discontinuity approach, I find that students with a more negative label have lower test scores over time and increased school absences five years later. I also find that the likelihood of suspension increases in the following year, but not over time. By using a regression discontinuity design to address concerns around selection, my analyses estimate plausibly causal effects, and suggest that a negative performance label has long-term negative effects.