HIGHER EDUCATION BUBBLE UPDATE: Justice Department Probes Colleges’ Early-Decision Admission Practices: Multiple schools received letters inquiring about possible antitrust violations. “The U.S. Department of Justice is looking into whether colleges’ early-decision admission programs violate antitrust laws, the latest in a series of investigations the federal government has launched into higher education practices in recent months. The Justice Department sent letters to a number of colleges and universities this week asking that they preserve emails and other messages detailing agreements with other schools regarding their early-decision policies, and how they communicate with one another about admitted students.”