This document summarizes a longitudinal study on the perceived risks university students experience with social media use. A survey was conducted annually from 2014-2016 with 206 total respondents. The study found privacy-related risks were perceived more in recent years than previously. Results showed these risks were classified from most to least frequent: privacy concerns, negative impacts on studies, inappropriate content, addiction, cyberbullying, and false profiles. The conclusion recommends social media training for educators to help lower sociological barrier risks through discussing ethics, rules, and online culture with students.