Topics regarding layoffs at Lincoln Technical Institute

Topics regarding layoffs at Lincoln Technical Institute

What goes around, comes around

How the board of directors could continue to tolerate management that has caused Lincoln's stock price to languish for a decade or so around $2, when at one time it was almost 10 times higher, is puzzling. Maybe their early and brilliant strategy of... — read more 

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| 1330 views | | no replies yet
Post ID: @OP+UdBfidY

Lincoln's Institutional Loans?

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 

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| 1630 views | | 4 replies (last July 18, 2018)
Post ID: @OP+Tj5Zgpj

Current enrollment is 10,484

"As of March 31, 2018, we had 10,484 students enrolled at 23 campuses in our programs." https://www.sec.gov/Archives/edgar/data/1286613/000114036118024002/form10q.htm

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| 1253 views | | no replies yet
Post ID: @OP+TjaUBnI

Trouble in Indy?

The overall decline in student starts was the result of the on the performance of our Indianapolis campus which decreased by 98 students. Excluding this campus, student starts for the quarter would have grown... — read more 

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| 1714 views | | no replies yet
Post ID: @OP+QcHZ66k

LINC continues to lose money

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 

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| 2740 views | | 2 replies (last July 16, 2018)
Post ID: @OP+Me68gfU

New numbers out this week

LIncoln Education's numbers will be out this week. The next report should be telling.

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| 1960 views | | no replies yet
Post ID: @OP+LXC7yK4

Student starts down, Indianapolis underperforming

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 

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| 2030 views | | no replies yet
Post ID: @OP+KcVUU9x

Lincoln Accreditor May Get Canned

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/

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| 1920 views | | 1 reply (August 2, 2016)
Post ID: @OP+HVycV7P

Enrollment continues to slide

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

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| 2030 views | | 1 reply (May 18, 2016)
Post ID: @OP+Hk3VS7M

LINC Gets $9.5M Credit Line

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

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| 1912 views | | no replies yet
Post ID: @OP+H2p75Vc

LINC in Danger of Delisting

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 

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| 1830 views | | no replies yet
Post ID: @OP+Dw3YjRE

Extremely Ugly Balance Sheet

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 

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| 2032 views | | 1 reply (August 21, 2015)
Post ID: @OP+zUk7A4K

Lincoln Tech Vulnerable to Gainful Employment Regulations

LINC is extremely vulnerable to any change in the "gainful employment" policies of the Department of Education. It appears that many of Lincoln's programs fail because Lincoln students cannot find work that will pay off their... — read more 

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| 1842 views | | no replies yet
Post ID: @OP+xwYAvky

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