"She has been passionate about her career and wanted to work and was doing well but that wasn't enough," the source said. "Her parents said she would have to juggle college and her career. Now she's devastated because everything she built imploded before her eyes. She feels they ruined everything."
Indeed, Olivia Jade was so against the idea of going to college that she allegedly didn't even bother filling out her own application to the University of Southern California.
The source said Loughlin and Giannulli's other daughter, 20-year-old Isabella, "was far more invested in college and would loved to have completed USC."
Now-former "Fuller House" star Loughlin and fashion designer Giannulli are accused of agreeing to pay $500,000 in bribes to have their two daughters designated as recruits for the USC crew team — when neither girl was ever a rower.
Loughlin and Giannulli were each arrested and released on a $1 million bond.
The couple are slated to appear in court on April 3.
Fox News' Sasha Savitsky and Mariah Haas contributed to this report.