CompTIA's Support for New 529 Savings Plans for High-Demand Job Training

CompTIA Advocates for Expanded 529 Savings Plans

Downers Grove, Illinois – July 9, 2025 — The Technology industry is evolving rapidly, and it is crucial to adapt educational funding to meet these changes. Recently, CompTIA, a leading provider of vendor-neutral IT training and certifications, expressed its approval of the newly-passed provisions related to 529 savings plans as part of the H.R. 1 budget reconciliation bill. This legislation significantly alters how families can financially support their children's education, particularly in fields that do not necessarily require a four-year college degree.

Importance of the 529 Savings Plans

The newly enacted 529 savings account provisions allow parents and students to utilize the funds not just for traditional education but also for various accredited short-term training and credential programs. This step is particularly important in a climate where many families are feeling the financial strain of higher education costs. By enabling access to tax-advantaged 529 savings accounts for a wider range of educational options, this legislation aims to foster affordable pathways to lucrative technology jobs.

Todd Thibodeaux, CEO of CompTIA, noted, "We commend the bipartisan efforts that have gone into expanding access to 529 savings plans. In light of the rising costs associated with higher education, this initiative is pivotal for families seeking cost-effective means to prepare for in-demand jobs in technology." Thibodeaux outlined the growing crisis of families priced out of the educational system, advocating for pathways that support economic mobility through viable training programs.

The Growing Need for Technical Skills

CompTIA's analysis of employer job listing data reveals that over the past year, U.S. employers posted more than 1.3 million job listings for tech positions that either do not require a four-year degree or where the degree requirement is not specified. Positions critical to the overall functioning of organizations, such as tech support specialists, network support specialists, and database administrators, show some of the highest levels of openings without degree requirements—75%, 86%, and 58%, respectively.

To assist training partners, CompTIA plans to provide several resources aimed at guiding students and parents through these new opportunities. This includes a reference guide detailing the new provisions of the 529 legislation, an informative webinar aimed at increasing awareness, and marketing toolkits designed to educate families on available training programs.

Bridging the Gap in Education

Research conducted by CompTIA highlights that an overwhelming 97% of HR executives acknowledge the importance of validating technical skills through recognized certifications rather than solely traditional education routes. When it comes to alignment with job roles, industry-recognized qualifications are seen as more effective in facilitating essential knowledge, skills, and abilities needed in the tech sector.

Katie Hoenicke, CompTIA's Senior Vice President of Product Development, emphasized, “For over 30 years, adhering to strict ANSI accreditation requirements is foundational to CompTIA certifications. We are delighted that the new 529 legislation highlights the value of these accredited non-degree credentials.” This recognition underscores the potential for alternative education paths to yield skilled professionals capable of contributing effectively to the technology landscape.

CompTIA's Mission

CompTIA Inc. stands at the forefront of redefining job training and certification in the technology sector. By collaborating with an extensive network of academic institutions and training providers, CompTIA works tirelessly to bridge the skills gap, unlock potential for aspiring technology professionals, and empower career changers. Interested individuals can find various educational resources and industry-recognized certification pathways on their official website.

In conclusion, the passage of this new legislation marks a significant advancement towards democratizing access to technical education and alleviating the financial burdens associated with pursuing careers in technology. CompTIA's commitment to fostering job training and certification programs continues to pave the way for aspiring professionals seeking a foothold in this thriving industry.