EXHIBIT B

JOINT FILING AGREEMENT

The undersigned hereby agree that the statement on Schedule 13D, dated May 25, 2017 (the “Schedule 13D”), with respect to the common stock, no par value per share, of Lincoln Educational Services Corporation is, and any amendments thereto executed by each of us shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k)(1) under the Securities and Exchange Act of 1934, as amended, and that this Agreement shall be included as an exhibit to the Schedule 13D and each such amendment. Each of the undersigned agrees to be responsible for the timely filing of the Schedule 13D and any amendments thereto, and for the completeness and accuracy of the information concerning itself contained therein. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

Dated: May 25, 2017

	JUNIPER TARGETED OPPORTUNITY FUND, L.P.

	By:	Juniper HF Investors II, LLC, its General Partner


	By:	/s/ John A. Bartholdson
	Name:	John A. Bartholdson
	Title:	Managing Member



	JUNIPER HF INVESTORS II, LLC


	By:	/s/ John A. Bartholdson
	Name:	John A. Bartholdson
	Title:	Managing Member


	JUNIPER INVESTMENT COMPANY, LLC


	By:	/s/ John A. Bartholdson
	Name:	John A. Bartholdson
	Title:	Managing Member


	By:	/s/ Alexis P. Michas
	ALEXIS P. MICHAS


	By:	/s/ John A. Bartholdson
	JOHN A. BARTHOLDSON