Lincoln Educational Services Corporation Schedules Fourth Quarter 2006 Earnings Release and Conference Call

Lincoln Educational Services Corporation (Nasdaq: LINC) ("Lincoln") announced today that it will host a conference call to discuss its fourth quarter earnings on Wednesday, March 7, 2007 at 10:00 a.m. Eastern time. A news release outlining Lincoln's financial results will be issued before 9:30 a.m. Eastern time on the same day.

To access the live webcast of the conference call, please go to the investor relations portion of our website at http://www.lincolneducationalservices.com. Participants can also listen to the conference call by dialing 617-614-3922 (international) or 800-291-5365 (domestic) and citing code 58382110. Please log-in or dial-in at least 10 minutes prior to the start time to ensure a connection. An archived version of the webcast will be accessible for 90 days at http://www.lincolneducationalservices.com. A replay of the call will also be available for seven days by calling 617-801-6888 (international) or 888-286- 8010 (domestic) citing code 94409913.

About Lincoln Educational Services Corporation

Lincoln Educational Services Corporation is a leading and diversified for- profit provider of career-oriented post-secondary education. Lincoln offers recent high school graduates and working adults degree and diploma programs in five principal areas of study: automotive technology, health sciences (which includes programs for licensed practical nursing, medical administrative assistants, medical assistants, dental assistants, and pharmacy technicians), skilled trades, business and information technology and hospitality services. Lincoln has provided the workforce with skilled technicians since its inception in 1946. Lincoln currently operates 37 campuses in 17 states under seven brands: Lincoln College of Technology, Lincoln Technical Institute, Nashville Auto-Diesel College, Southwestern College, New England Technical Institute, Euphoria Institute of Beauty Arts and Sciences and Lincoln College Online. Lincoln had a combined average enrollment of approximately 18,400 students as of September 30, 2006.

Statements in this press release regarding Lincoln's business which are not historical facts may be "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward- looking statements, see "Risk Factors" in Lincoln's Form 10-K for the year ended December 31, 2005. All forward-looking statements are qualified in their entirety by this cautionary statement, and Lincoln undertakes no obligation to revise or update this news release to reflect events or circumstances after the date hereof.

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