https://www.highereddive.com/news/higher-ed-institutions-appeal-sweet-v-cardona-education-department-settlement/640566/

"The report singles out the department’s decision to approve PPAs for five for-profit colleges: Gwinnett College, La’ James International College, Lincoln College of Technology, Pittsburgh Career Institute and Southern Technical College. All the PPAs... —  read more 

Less than a year, the following left or was canned from Paramus Campus President. Director of Admissions. Director of Financial Aid, Director of Career Services, Director of Education. Director of Nursing. Assistant Director of Nursing, 3 clinical... —  read more 

So the new DON at Paramus campus was finally ousted. Took them long enough. Probably because the new CP had supported her all the way then threw her under the bus when her own hyde was on the line. Here comes the apology tour. “I didn’t know” “we... —  read more 

It could have happened at any school? Or could it? Lead generators like EducationDynamics, aggressive enrollment, were they involved? If so, should anyone feel even a little guilt? "In addition to stints in a VA mental hospital, Brian had... —  read more 

If I hear another employee talk about how they think Lincoln is positioning itself for layoffs, I’m seriously going to go insane. There’s a lot of water cooler talk about how admissions is barely making their budgets that were created to pull us out... —  read more 

https://www.globenewswire.com/news-release/2022/08/08/2493839/0/en/Lincoln-Educational-Services-Reports-Second-Quarter-2022-Results.html Second Quarter 2022 vs Second Quarter 2021 Financial Highlights and Recent Operating Developments Revenue of... —  read more 

Has anyone heard that admissions is anticipating an all time low for the Fall?

This campus is all about making money. How this campus hasn’t been called out by regulators is beyond me. They are taking students money. People leave because they see the BS behind the curtains

https://www.republicreport.org/2022/keiser-university-lincoln-tech-oppose-debt-relief-for-broke-scammed-students/ Keiser University, Lincoln Tech Oppose Debt Relief for Broke, Scammed Students. Three career college chains with troubling... —  read more 

I just learned that another major, long term LTI employee is no longer at the Paramus campus. Someone needs to turn the faucet off. Too many people are leaving it bring terminate. I don’t know if that individual quit or was terminated, but I do know... —  read more 

I watched 3 people get laid off in the past 2 weeks and were told it’s due to low enrollment, retention. And the word on the street is there will be more before end of year. My position is safe because I’m the only one in it, but it’s hard to see... —  read more 

The Lincoln tech paramus campus is in full blown meltdown mode. The entire management team that had been here for years has now either left or been replaced by a new management team that intends to move the old out and bring the new in. After a... —  read more 

Has anyone heard anything about layoffs at their campuses by 2023? Our enrollments and overall population are down and there’s murmur going around that if we have under budget Fall starts, layoffs are bound to happen

https://seekingalpha.com/pr/17694481-lincoln-educational-services-corporation-schedules-third-quarter-earnings-release-conference

"Lincoln Educational Services Corporation (LINC) (“Lincoln”) announced today that it will host a conference call to discuss its second quarter financial results on Wednesday, August 14, 2019 at 10:00 a.m. Eastern time. A news release outlining... —  read more 

Net loss for the quarter was $5.46M https://www.sec.gov/Archives/edgar/data/1286613/000114036119008948/form10q.htm

Does anyone have information on Lincoln's institutional loans? Can you tell me what the interest rate is for these loans, and what the default rate is? "As of March 31, 2018, we had total outstanding loan commitments to our students of $52.6 million... —  read more 

From the latest 8K: Lincoln Education continues to downsize after divesting from its healthcare segment. The company’s operations are now focused solely on the Transportation and Skilled Trades segment. The company anticipates completing the... —  read more 

The US Department of Education staffers are recommending that ACICS lose its accrediting power. Schools will have 18 months to find another accreditor if the recommendation is approved. http://touch.latimes.com/#section/-1/article/p2p-87580171/

We'll see what happen... Corinthian paid the price.

Enrollment continues to slide. Still losing money--which suggests more layoffs are needed. http://finance.yahoo.com/news/edited-transcript-linc-earnings-conference-161014382.html

Year over year, LINC's balance sheet gets uglier. Fewer real assets and loading on debt. Along with the coming "gainful employment" regulations, and the stock price that looks like the end of a roller coaster ride, does anyone think they'll be... —  read more 

I know you had many layoffs

http://newsroom.k12.com/how-parents-think-we-can-solve-student-debt/ https://roadtripnation.com/leader/shaun-mcalmont

Here's more about QuinStreet. https://www.thelayoff.com/quinstreet

https://seekingalpha.com/pr/17811584-lincoln-tech-provides-remote-learning-to-address-virus-outbreak https://collegemeltdown.blogspot.com/2020/03/coronavirus-and-college-meltdown.html

How does this make you feel? http://collegemeltdown.blogspot.com/2020/11/a-letter-to-us-department-of-education.html

Lincoln Tech made money last quarter. Does the streak continue? https://www.sec.gov/ix?doc=/Archives/edgar/data/1286613/000114036121016610/brhc10024279_10q.htm

Lincoln Tech "has entered into a sale-leaseback agreement for its Denver, CO and Grand Prairie, TX campuses. In addition, Lincoln has entered into a separate agreement to sell the property hosting its Nashville, TN campus as a precursor to a planned... —  read more 

https://www.lincolnnewsnow.com/news/national/6-billion-in-relief-to-defrauded-students-signals-change-ahead/article_5ad41818-5868-50d0-8032-c040b96b702e.html $6 Billion in Relief to Defrauded Students Signals Change Ahead More than 200,000 federal... —  read more 

https://www.marketwatch.com/press-release/lincoln-tech-student-receives-mike-rowe-works-foundation-scholarship-2022-09-27?siteid=nbsh More on Mike Rowe... https://newrepublic.com/article/164230/mike-rowe-dirty-jobs-how-america-works

How's the hybrid teaching model working for you folks? It certainly seems to help with the bottom line. https://www.marketwatch.com/press-release/lincoln-educational-services-reports-third-quarter-2022-results-2022-11-07

How are the Heavy Equipment programs going, especially with the virtual simulations?

Cutting back on dividends...that doesn't sound good. https://seekingalpha.com/news/3912609-lincoln-educational-services-reports-mandatory-conversion-of-series-a-convertible-preferred-stock

So my Campus just instituted a hiring freeze. How does corporate expect us to get all the work done? I get it, those who are left have to be stretched. But that doesn’t always work. And then they reprimand is for having to cut corners. Our... —  read more 

Lincoln Education is in danger of delisting. The stock price has been below $1 for several days. After 30 days, they are likely to get a "Notice of Delisting" warning. The balance sheet continues to look like a sea of red ink. Without a miracle... —  read more 

Lincoln Education preparing to borrow money. Not a good sign.............................https://biz.yahoo.com/e/160418/linc8-k.html

Quarterly results out this morning. Net loss of $3.1 Million. Selling off property in Florida. CEO Scott Shaw says "We are also committed to identifying additional operating efficiencies."... —  read more 

Not sure how many people listened to the earnings call, but it's available through the company website. Sounds like starts are way down, and Indianapolis is underperforming. Teach outs in Las Vegas (end of 2016)and Center City, Philadelphia (2Q... —  read more