Private K-12 Schools NAICS 611110

Jan 9, 2026 - More States Provide Tax Breaks For Section 529 Education Savings Plans

• Thirty-one states and Washington, DC, provide state tax subsidies to families that use 529 accounts to pay for K-12 private schooling as of November 2025, according to the Institute on Taxation and Economic Policy. States are not required to provide state tax breaks on top of federal tax breaks for private school tuition. The One Big Beautiful Bill Act, signed into law in July 2025, allowed 529 college savings accounts to be used for tuition at private K-12 schools. All but three of the 31 states not only allow money in 529 accounts to grow tax-free and to be used for K-12 tuition, but they also give parents a separate tax break for their initial contributions to these accounts, meaning that a private-school parent can get a tax break for putting money into an account and then withdrawing it immediately to pay for tuition.
• The education sector is by far the worst affected around the world when it comes to cyberattacks, according to Check Point Research. Cyberattacks on US education facilities increased 67% year over year for the first six months of 2025, the steepest increase across all countries surveyed. In second place at a global level is government, which records 2,716 attacks per organization per week, on average. Telecommunications follows at 2,636 per organization per week, then healthcare and medical at 2,468 per organization per week.

• Private schools reported steady enrollment increases since the coronavirus pandemic but the momentum appears to be slowing, according to the Cato Institute. The proportion of schools reporting growth dropped by 15 percentage points from a peak of 55% between the 2021-22 and 2022-23 school years to 40% between the 2023-24 and 2024-25 school years. Some 32% of private schools saw enrollment decrease between the 2023-24 and 2024-25 school years and 28% reported no change, the Cato Institute said. Among schools with rising enrollment, 69% attribute the growth to "a values alignment between the school and parents." Other top reasons cited include a better academic experience (44%) and parents’ religious beliefs (43%).
• Private K-12 school industry employment has rebounded from pandemic-era lows and remained above pre-pandemic levels in mid-2025, according to the US Bureau of Labor Statistics. Private K-12 school revenue is forecast to grow at a 3.86% compounded annual rate from 2025 to 2029, slower than the growth of the overall economy, according to Inforum and the Interindustry Economic Research Fund, Inc. Sources of revenue for private schools include tuition, private grants, donations, fundraisers, and income from endowments.