The co-ed behind a headline making video rant is dropping out of UCLA.
On the video, Wallace said, "The problem is these hordes of Asian people. They're going through their whole family checking on the tsunami thing. I mean, I know that sounds horrible."
"I would do anything to take back my insensitive words," Wallace said in a statement. "I could write apology letters all day and night, but I know they wouldn't erase the video from your memory."