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At least Lori Loughlin‘s daughters are clearly of sound enough conscience to party hard this week . . . Olivia Jade, 19, and Isabella Rose, 20, were spotted at a Fourth of July party with friends in Malibu, California on Thursday . . . but while those two are partying it up (and not returning to school any time soon), it appears mom Loughlin and dad Mossimo Giannulli are HARD at work preparing for their trial in the college admissions bribery scandal! Related: Lori Is Reportedly Already Second-Guessing Her Not Guilty Plea! According to People, both ex-college student daughters were dressed . . .