He graduated Harvard College summa cum laude in 1953 with a bachelor's degree in English.
Wallace attended St. Catharine's College, Cambridge University on a Fulbright scholarship and Woodrow Wilson Fellowship and received a second B.A.
He published Swimmer in the Rain in 1979,[3] Girlfriends and Wives in 1984[4] and The Common Summer: New and Collected Poems in 1989.
Bits also published small edition, specially bound volumes for sale to collectors, including The Complete Poetical Works of T. E. Hulme,[6] and Emersonianism by John Updike.
Eventually, Wallace turned Bits Press into an ambitious attempt to widen the market for poetry to the general reader through light verse and funny poems, establishing the series Light Year in 1984.