Exhibit 21

Subsidiaries of the Company

The following is a list of Lincoln Educational Services Corporation’s subsidiaries as of December 31, 2025:

Name	DBA	Jurisdiction
Lincoln Technical Institute, Inc (wholly-owned)	Lincoln Technical Institute	New Jersey
	Lincoln College of Technology
	Lincoln Tech
New England Acquisition, LLC (wholly-owned through Lincoln Technical Institute, Inc.)	Lincoln Technical Institute	Delaware
	Lincoln Tech
Nashville Acquisition LLC (wholly-owned through Lincoln Technical Institute, Inc.)	Nashville Auto Diesel College	Delaware
	Lincoln College of Technology
LTI Holdings, LLC (wholly-owned through Lincoln Technical Institute, Inc.)	N/A	Delaware
NN Acquisition, LLC (wholly-owned through Lincoln Technical Institute, Inc.)	Lincoln Technical Institute	Delaware