Colin Hanks Insists It's 'Not Awkward' When Ex-Girlfriend Busy Philipps Interviews Him on 'Live! With Kelly'

This video is unavailable because we were unable to load a message from our sponsors.

If you are using ad-blocking software, please disable it and reload the page.

Busy Philipps not only had to greet her college ex-boyfriend, Colin Hanks, she also had to interview him!

The 37-year-old actress was a guest co-host on Live! With Kelly on Tuesday morning, and was more than willing to chat about dating Hanks when they were both students at Loyola Marymount University. She even shared a few photos.

"We met when I was 18 and Colin was 19," Philipps recalled. "We are very, very close friends now. His wife [Samantha Bryant] and I are tight, he and my husband [Marc Silverstein] hang out. We go on vacation together. He’s real excited that I’m here."

WATCH: Colin Hanks on Dad’s Music Video Career -- Carly Rae Jepsen Is 'A Big Step Up' From Paula Abdul

Hanks echoed such remarks when he greeted host Kelly Ripa. "It’s not awkward going on national television being interviewed by your old college girlfriend," the 39-year-old actor quipped.

“We met 20 years ago!” Philipps added. “And we hang out a lot. And I do have moments where I think, ‘How cool that we knew each other at this formative moment together?’ ”

MORE: Busy Philipps Says Seth Rogen Gave Her Pot During Freaks and Geeks

“We got our first televisions shows within the same week. We got our first movies within the same week,” Hanks responded. “We were able to go through all the really special moments in a young actor’s lives together."

Getty Images

On top of going on vacations together and hanging out with each other's spouses, Philipps and Hanks' children also attend the same school. "We get to do morning school drop-off together," he revealed.

As for who was responsible for ultimately ending the relationship, the Freaks and Geeks actress admitted, "We were young. We were babies. Honestly, I was a jerk.”

PHOTOS: They Dated?! Surprising Celebrity Hookups

Hanks added, "And I was too."

WATCH: Kyra Sedgwick and Matthew Broderick Reveal They Dated in High School