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That hasn't been my experience. Even places that pay for employees to get certified expect those employees to study on their own time unless they're sent to formal training.
It depends on your job designation(and region tbh). Out of my personal experience in the states, If you are a "contractor" you are expected to pay for everything, but if you are an "employee" then the company is expected to pay for any additional training past what you brought to the table when you were hired. If they say that they are changing the job requirements and they now require you to get the next level license to continue your job, they must pay for that process, that is not something the employee is required to pay for.
Being said, it sounds like OP is being pushed a "if you want to be promoted you must do this" type of deal, which is completely fair as it's an optional thing to gain more money, but you can't push that as a requirement to keep your job without also putting yourself at risk of an employment case either under wage theft, improper dismissal or an unemployment claim if they did decide to fire the employee.
Maybe it varies by industry. I'm a software developer and even as an employee, I'm expected (but not formally required) to learn about advances in the relevant technologies, programming languages, etc. on my own time. If I didn't and I was fired because my skills weren't what the company needed anymore then I would get unemployment benefits, but I don't see how either wage theft or improper dismissal could occur unless the company did something really weird.