Lincoln Educational Services, operating as Lincoln Tech, provides vocational postsecondary education across 22 campuses in 12 states, primarily training students for careers in skilled trades, automotive, and healthcare. Programs run 27 to 104 weeks and are diploma or certificate-based, with tuition ranging from roughly $14,500 to $44,000. Lincoln uses a hybrid teaching model — "Lincoln 10.0" — that combines hands-on lab work with online instruction, reducing program length and improving scheduling flexibility. The company serves approximately 17,000 enrolled students, split roughly between skilled trades (~52% of enrollment), automotive (~26%), and health sciences (~22%). Revenue is driven by total student population, tuition rates, and new enrollment starts. About 85% of revenue comes from federal Title IV student aid, making regulatory compliance central to operations. Lincoln's cost structure is largely fixed, and with campuses running at roughly 60% capacity, management sees meaningful operating leverage as enrollment grows. Growth strategy focuses on opening new campuses in underserved metro markets (targeting two new projects per year), replicating high-demand programs at existing campuses, expanding high school recruitment, and pursuing registered nursing degree authorization in multiple states. Lincoln also runs a small corporate training division, Workforce Link, which provides customized training to employers. The company has recently opened greenfield campuses in Georgia and Texas, with additional locations in New York and Texas under development.