Racist comments from a male senior, what should we do?

This definition includes the potential for repeated behavior .http://www.stopbullying.gov/what-is-bullying/definition/
Of course none of use were present to hear the interchange. No way to know what was said without someone at the school assessing the situation. As I said before , look into and if it is determined not to be bullying, then it wasn’t bullying. Why assume it wasn’t without looking into it?