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.
Lincoln Educational Services Corporation made its initial public stock offering in 2005, trading on the NASDAQ under the symbol LINC.
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[update],[11] Lincoln Tech offers training in five program verticals; Automotive, Health Sciences, Skilled Trades, Hospitality Services, and Business/I.T.
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.
[14] 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.