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The phrase 'education industry' is correct and usable in written English.
You can use it to refer to the sector of businesses and organizations involved in providing educational services, products, and opportunities. For example, "The education industry has been one of the few sectors to benefit from the COVID-19 pandemic".
Exact(51)
To date, the federal agency responsible for educating mortgage shoppers has done little in regulating the homeowner education industry.
The for-profit education industry has proven equal to the task".
The last several weeks have not been particularly restful for the lucrative for-profit education industry.
Simultaneously, the 9/11 G.I. Bill has also benefited the for-profit education industry.
Later he writes: "Will two-thirds of the education industry disappear?
The for-profit higher education industry is like the subprime housing industry, he said, but worse.
Similar(9)
When asked if Wal-Mart wanted to enter the online-education industry Mr. Mars said "no, no".
Credit the higher-education industry with brilliant marketing.
In the corridors, hundreds of state legislators, education commissioners, activists, and Bush aides mingled with education-industry executives and lobbyists.
Does higher education-industry links encourage innovation and new product launches?
[W]e need to improve education-industry partnerships to achieve innovative, effective and sustainable e-learning resources.
Related(19)
school industry
construction industry
training industry
instruction industry
awareness industry
schooling industry
educate industry
schools industry
colleges industry
educational industry
students industry
education system
education spending
education infrastructure
education education
education reform
academic industry
art industry
science industry
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com