The 21-year-old social media star opened up on Red Table Talk.

It was Olivia Jade Giannulli's turn to sit at the table on Red Table Talk, where she opened up for the first time about the college admissions scandal that rocked Hollywood.

Giannulli's mom, Full House star Lori Loughlin, is currently serving a two-month federal prison sentence for conspiracy to commit honest services mail fraud to influence the admission for Olivia and her sister, Isabella Rose Giannulli, into the University of Southern California by way of bribery. Her fashion designer father, Mossimo Giannulli, is serving a five-month sentence for the same crime.

"I think this has been a really eye-opening experience for me," Giannulli explained to Red Table Talk hosts Jada Pinkett Smith, Willow Smith, and Adrienne Banfield-Norris on Tuesday's episode, currently available to stream in its entirety. "And although there's a lot of negative around it, and there's a lot of mistakes and wrongdoings, it's led me to have a completely different outlook on a lot of situations."

Lori Loughlin and Olivia Jade Giannulli
Credit: Paul Archuleta/FilmMagic

She added, "There is no justifying or excusing what happened, because what happened is wrong."

Giannulli said she believes what's of utmost importance in this case is to "learn from the mistake" and to move forward instead of being "shamed and punished and never given a second chance."

"I'm 21 and I feel like I deserve a second chance to redeem myself to show I've grown," she said.

The social media star admitted she has not spoken to her parents since they began serving their sentences, though she said she's confident they're reflecting on the events that led them down this road—something she's also done.

"I'm not trying to victimize myself," she said. "I don't want pity. I don't deserve pity. We messed up. I just want a second chance to say I recognize I messed up. For so long, I wasn't able to talk about this because of the legalities behind it. I never got to say I'm sorry that this all happened."

She added, "I think a huge part of having privilege is not knowing you have privilege. And so, when it was happening, it didn't feel wrong. It didn't feel like, 'Well, that's wrong. A lot of people don't have that.' I was in my own little bubble focusing on my comfortable world... I understand why people are angry and why people say hurtful things. I would too if I wasn't in this boat."

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