New Clutch Engages Low on Pedal Swing

[JEBalles]

So, wasn't really sure how worn my clutch was, but I thought it'd be prudent to replace it before school starts again. The old clutch engaged pretty far up on the pedal swing (part of the reason I thought it might go soon), but the new clutch engages almost immediately after I start letting the pedal go. I thought it'd be lower, but this seems far too low.

My only idea is to try bleeding the clutch, in case maybe there's air in there from the last time I replaced the slave. I did get the right throw-out bearing, so that's not it. I'm stumped.

On a less dire note, there also seems to be this squealing noise since I drove the car after I finished the clutch. Don't know if it's related or where it's coming from. It goes away at speed.