Lincoln Tech is an American group of for-profit tertiary level vocational institutions based out of West Orange, New Jersey. Each campus is owned and operated by Lincoln Educational Services Corporation (NASDAQ: LINC), a provider of career-oriented post-secondary education.
As of the year ended December 31, 2017, Lincoln had an average student population of 10,772 students. The company currently consists of 23 campuses in 14 US States.
Video Lincoln Tech
Accreditation
Lincoln schools are accredited by the Accrediting Council for Independent Colleges and Schools (ACICS), Accrediting Commission of Career Schools and Colleges (ACCSC), and New England Association of Schools and Colleges - Commission on Institutions of Higher Education (NEASC)
In 2016, the US Department of Education stripped ACICS of its accreditation powers,. However, on April 5, 2018, ACICS accreditation was been restored by the DOE, pending further review. The following schools are ACICS accredited and are certified to operate according to the U.S. Department of Education: Somerville, MA; Iselin, Moorestown and Paramus, NJ; Las Vegas, NV; Lincoln, RI; and Marietta, GA.
Maps Lincoln Tech
History
The founder and first President of Lincoln was J. Warren Davies. The first Lincoln Technical Institute was established in 1946 in Newark, New Jersey, to serve World War II veterans returning from overseas. At Lincoln, these veterans found training programs to help them learn career-specific skills, and transition into civilian careers in installation and servicing of air conditioning and refrigeration equipment. Automotive courses were added in 1948. Lincoln established traveling schools to offer NAPA-certified training, which certified over 11,000 mechanics between 1955 and 1965.
In 1969, Ryder acquired Lincoln Technical Institute and two other technical schools with campuses in Illinois, Pennsylvania and New Jersey. By 1977, Lincoln Technical Institute had ten campuses in Illinois, Indiana, Iowa, Maryland, New Jersey, Pennsylvania, Texas, and Washington, DC. Lincoln Technical Institute acquired court reporting school The Cittone Institute and its three campuses in 1994, leading the group to have 14 campuses by the school's 50th anniversary in 1996.
Stonington Partners and Hart Capital purchased Lincoln Technical Institute in 2000. The school continued expanding, acquiring Denver Automotive and Diesel College and Computer-Ed Business Institutes in 2001, Lincoln College of Technology in Nashville (previously the Nashville Auto-Diesel College) in 2003, and the Southwestern College of Business and New England Technical Institute in 2004.
Lincoln Educational Services Corporation made its initial public stock offering in 2005, trading on the NASDAQ under the symbol LINC. California Regent Richard C. Blum (Dianne Feinstein's husband) was a key investor, with $24,000,000 in stock.
Also in 2005, the group acquired the Euphoria Institute of Beauty Arts and Sciences. Further acquisitions include the Harrison Career Institute in 2007, Briarwood College in December 2008 and the Baran Institute of Technology schools (Baran Institute of Technology, Connecticut Culinary Institute, Americare School of Nursing, Engine City Technical Institute, and Clemens College) in 2009. Lincoln completed the purchase of Florida Medical Training Institute in 2012.
In 2014, The New York Times reported that 50% of all Lincoln schools failed proposed gainful employment regulations. Sixty of Lincoln Tech's programs had passing rates, thirteen had "zone" rates, and five programs failed. Of the failing programs three have been closed and the remaining two are being taught-out.
Campuses
Lincoln Educational Services operates through the following brands: Lincoln Technical Institute, Lincoln College of Technology, Euphoria Institute of Beauty Arts and Sciences, Lincoln Culinary Institute, and Lincoln College of New England.
- Headquarters: 200 Executive Drive, West Orange, NJ 07052 (Corporate Office - No classrooms at this location)
- Lincoln Technical Institute:
- New Britain, Connecticut
- Shelton, Connecticut
- Columbia, Maryland
- Somerville, Massachusetts
- Iselin, New Jersey
- Mahwah, New Jersey
- Moorestown, New Jersey
- Paramus, New Jersey
- South Plainfield, New Jersey
- Union, New Jersey
- Queens, New York City, New York
- Allentown, Pennsylvania
- Philadelphia, Pennsylvania
- Lincoln, Rhode Island
- Lincoln College of Technology:
- East Windsor, Connecticut
- Denver, Colorado
- Marietta, Georgia
- Melrose Park, Illinois
- Indianapolis, Indiana
- Grand Prairie, Texas
- Nashville, Tennessee (formerly Nashville Auto Diesel College)
- Lincoln College of New England: Southington, Connecticut
- Lincoln Culinary Institute:
- Shelton, Connecticut
- Euphoria Institute of Beauty Arts and Sciences:
- Las Vegas, Nevada
Programs
Lincoln Tech structures program offerings to provide students with a practical, career-oriented education and position for them for attractive entry-level job opportunities in their chosen fields. As of December 31, 2017, Lincoln Tech offers training in five program verticals; Automotive, Health Sciences, Skilled Trades, Hospitality Services, and Business/I.T. Twelve campuses offer training in five automotive fields, eleven campuses offer training in nine healthcare fields, thirteen campuses offer training in five skilled trade fields, three campuses offer training in five hospitality service fields, and seven campuses offer training in 6 business/IT fields.
Lawsuits & Investigations
Lincoln Educational Services faced an investor lawsuit on behalf of those who purchased company stock between March 3, 2010, and August 5, 2010. The plaintiffs alleged that Lincoln Educational Services issued a series of materially false and misleading statements related to its business and operations in violation of the Securities Exchange Act of 1934. The case was dismissed by the United States District Court for the District of New Jersey in September 2011.
In 2013, USA Today, based on data from 2009-10, called one of the company's 31 campuses a "Red Flag school", one which has "a higher loan default rate than graduation rate."
In October 2014, Massachusetts state attorney general Martha Coakley announced an investigation into Lincoln's for-profit schools in the state of Massachusetts.
In 2015, Lincoln Educational Services agreed to repay approximately $1 million to graduates of its criminal justice program in Somerville and Lowell, Massachusetts. The Massachusetts' Attorney General found that students were unable to find work in their fields of study, and the company included unrelated jobs in its placement data. According to the Boston Globe, "The school also allegedly told recruiters to 'establish unhappiness, create urgency,' and 'bring out the pain' to pressure prospective students to attend the school instead of military or community college. The for-profit school instructed recruiters to contact students at least seven times within the first three days to convince them to enroll."
Notable alumni
- Manny Santos (born 1955, Class of 1977), President of the Mechanical Contractors Association of New Jersey
References
External links
- Official website
Source of article : Wikipedia
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