This paper discusses Butler's theory on the possibility of precarity to serve as the nexus of ethical relations, while also exploring some of the pitfalls of her theorization to reconceptualize the pedagogical implications of a "critical pedagogy for precarity." In particular, the paper asks: How can precarity--understood as an ambivalent concept, as a paradoxical nexus of both possibilities and constraints--function pedagogically in a way that challenges its moralization? How can educators engage with precarity in ways that 're-frame' it so that both the dangers and prospects of ethics and politics of precarity are properly acknowledged and critically interrogated in pedagogical practice? The risks and possibilities of a critical pedagogy for precarity are addressed, highlighting that there are several complexities involved as much as there are opportunities for ethical transformation and political action in school and beyond.