Social Networking (SN) gives freedom to socialize, report, create, choose, and share user-generated content and news. SN has become subject of researches in social sciences, however the current status of researches involving education and SN is largely one way serving educational interests and there is negligence of the role of education in developing SN ethics. As a result, SN ethics has not yet developed as a discipline or a field of study in its own right and in spite of many moral issue that have emerged from it. There is an unbreakable relation between SN and ethics. The social media aspect of SN, the socializing character of SN, and human centric nature of SN are difficult to be thought of without having an ethical framework. On the other hand, there is a role for ethics-based psychology in SN and it demands an ethical principle of freedom of speech. Due to complexities of SN ethics, it seems that its basis and foundation should be on social ethics; however, the technological nature and specific moral issues emerging from SN deserve to be addressed. And this in turn calls for responsibility of educational institutions to include SN ethics as part of social ethics.